Category: economics
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A Healthy Little Dose of Doom and Gloom (Plus Prophecies!)
[Update: This editorial wasn’t really written by the guy I originally said it was written by. I’m not sure who actually wrote it, but they gave rights to freely distribute it, so we’re OK.] We’re going to call this Monstropolitan’s very first guest editorial, although the guest who wrote the editorial isn’t yet aware of…
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The Dark Bailout
Via Greg Mankiw:
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Our Own Advice
Says Robert Shimer via Greg Mankiw’s blog: The U.S. has long been a beacon of free markets. When economic conditions turn sour in Argentina or Indonesia, we give very clear instructions on what to do: balance the budget, cut government employment, maintain free trade and the rule of law, and do not prop up failing…