Just in case you are unfamiliar with Reinhart-Rogoff: they are a pair of economists who published a very famous paper purporting to show that high public debt to GDP ratio leads to negative economic growth. This paper was waved around by people like Paul Ryan, who used it to argue that cutting Social Security and Medicaid and unemployment were important tools for staving off recession because of the magical thing that happens to economies when the GDP to debt ratio hits 90%.
But Econ isn't one of the liberal arts. Apparently it's one of the conservative arts. The others are Christian Ethics and Republican Math.
Are there insomniac Wonkerados? Or those who, on another Friday night, ain't got nobody? Well, there's one, and I think Harvard needs to clean up its act. Jason Richwine, Niall (9 hostages) Ferguson, and these two. The oldest institution of higher learning in the US may be showing signs of premature senility.
Pretty short list.
I can't laugh at it. It's been a fucking disaster for 30+ years.
The motherfuckers gave Congressional testimony supporting austerity.
Summers is as big an asshole as he seems to be.
Fuck. I'm retired, so I lose already.
Unfortunately, in the Present Life, we are dominated by the Multi-Liar Effect.
you still at chicago/coming to the meet up?
ts eliot, john adams, ellen johnson sirleaf, jfk, aga khan, Neil deGrasse Tyson and pierre trudeau (father of justin!)
course, george w. bush pretty much negates everything else.
Larry Summers needs to have "Don't listen to me" tattooed on his forehead.
<a href="http:\/\/i1115.photobucket.com\/albums\/k551\/denniverse\/paulryan-derpaderp.jpg" target="_blank">In summary...</a>
The words Conservative and math should not be used in the same sentence. See &quot;Paul Ryan.&quot;
&quot;If all the economists were laid end to end, they would not reach a conclusion&quot; - George Bernard Shaw
It looks like Reinhart and Rogoff almost negated that stereotype, but instead reached an invalid conclusion.
And add Gary Becker and the whole &quot;Law and Economics&quot; crowd too.
But Econ isn&#039;t one of the liberal arts. Apparently it&#039;s one of the conservative arts. The others are Christian Ethics and Republican Math.
Are there insomniac Wonkerados? Or those who, on another Friday night, ain&#039;t got nobody? Well, there&#039;s one, and I think Harvard needs to clean up its act. Jason Richwine, Niall (9 hostages) Ferguson, and these two. The oldest institution of higher learning in the US may be showing signs of premature senility.
Causes go in, effects come out. Who at Harvard can explain it?
Just fire them all and replace them with a high school econ class. How could it possibly be any worse?