June 02, 2009

Krugman Smackdown on the Original Dumbass


In the least surprising information since the invention of information, Krugman points out that our problems today started with Ronald Reagan, and a titanic misalignment of wealth that fed bad policy after bad policy.

I knew this was going to be trouble the very first day in undergraduate Macro, in 1982, when the professor attempted to prove that all economic behavior was rational by pointing to efficient "decisions" by bacteria. I went..."wait a minute..."

If you assume that, you start making an idol of Mammon. Or Reagan.

Also, I barely got through calculus.

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