"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Tuesday, March 29, 2011
Charles Plosser makes a huge point about energy shocks, inflation and the Fed.
Doc, what are your thoughts on this? http://www.themoneyillusion.com/?p=9062
You could really learn a few things about keeping up an economics blog from Sumner. Thought provoking originality is valued in the blogosphere while cutting & pasting is best kept for art time in preschool.
Dear Jack: There is no doubting that you are correct. I could learn many things from Scott and indeed did when I was at a conference with him in March in L.A. Over dinner he indicated to me that maintaining his Blog is his #1 task to which he devotes his full attention, other than teaching. I am not in such a position but will try harder for thought provoking originality.
As for the "art time" thing, I offer you my left cheek after smiting me on my right.
Doc, what are your thoughts on this? http://www.themoneyillusion.com/?p=9062
ReplyDeleteYou could really learn a few things about keeping up an economics blog from Sumner. Thought provoking originality is valued in the blogosphere while cutting & pasting is best kept for art time in preschool.
Dear Jack: There is no doubting that you are correct. I could learn many things from Scott and indeed did when I was at a conference with him in March in L.A. Over dinner he indicated to me that maintaining his Blog is his #1 task to which he devotes his full attention, other than teaching. I am not in such a position but will try harder for thought provoking originality.
ReplyDeleteAs for the "art time" thing, I offer you my left cheek after smiting me on my right.