My own personal Free Speech Zone. “To change your mind and to follow him who sets you right is to be nonetheless the free agent that you were before.” — Marcus Aurelius “When the facts change, I change my mind. What do you do, sir?” — John Maynard Keynes “Why should you mind being wrong if someone can show you that you are?” — A.J. Ayer (attributed)
Tuesday, April 16, 2013
Debt And Growth
I read R&R's book. It's an interesting historical survey. And totally inapplicable to our current monetary system, and thus fairly useless as an analysis of or commentary on our current macroeconomic climate. And this article points out that they appear to be cooking the numbers to support their thesis.
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