"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
Wednesday, June 20, 2012
Stimulate right?.
To say that Ken Rogoff and I think alike should cause him to quiver. And that is where the similarity ends. I forgot the link last time. Sorry.
Speaking of stimulating the economy out of a depression...take a look at this interesting article:
ReplyDeletehttp://papers.ssrn.com/sol3/papers.cfm?abstract_id=2095699
Did World War II spending help end the Great Depression?