Friday, July 08, 2011
Chicago economics at its best
Goolsbee then blamed the economic slowdown on a "terrible oil price shock and a slowdown in the growth rate." [...] That was just an odd comment, basically saying that the economic slowdown was due to the fact that economic growth slowed.
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7 comments:
A great job.
Milton Academy, Yale, MIT, Chicago sinecure.....
..... Horatio Alger, fo sho.
Born in Waco, TX, though. Ain't that standard Rotterland?
Let's print more money, says Brit prof. Why didn't anyone think of that?!
Milton Friedman is so dead that his successor went to Milton Academy and ended up in his office, but is a pinko shithead.
Hooray for MIT too, by the way. The last American hope is as dead as Berkeley.
Spirit still lives, but elsewhere: Juan is one of the Chicago Boys.
Universidad Católica de Chile.
Of course you prefer the Brits.
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