Friday, May 09, 2008

Turns out most of America doesn't know about Ricardian Equivalence...

Just when I thought the broad range of Americans had a firm grasp on Ricardian equivalence... just seems like they feel that the amount is not enough. Pity.

The Wikipedia entry above points out an interesting fact that I'd temporarily forgotten-- Ricardo proposed and rejected the idea. Should his name be attached to the concept then? Can I propose a whole host of ideas and reject them all, only to have my name attached upon others' future insight? Isn't this the risk-free way of having your name live on past your death?

I think I'm on to something here. (But I reject it fully.)

No comments: