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November 30, 2008

A Glimmer of "Hope" from Mankiw

Interesting.

What would you call a group of economists who are skeptical of regulating mortgage markets, who think unemployment insurance and unions increase unemployment, who say that tax hikes retard economic growth, and who believe that the recovery from the Great Depression was a monetary phenomenon rather than the result of New Deal fiscal policy?

No, it is not a right-wing cabal. It's Team Obama.

Now all we have to do is hope Obama will listen to his economic advisers.

Posted by slublog at November 30, 2008 10:07 PM

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Comments

Thank you -- and you didn't even know you did it.

I went to the site you referenced and read the article.

But I also read around his site and watched the video of Principles of Economics Translated. It's hilarious. So thank you for my morning laugh!

Posted by: Kath at December 1, 2008 05:58 AM

Meet the new boss, same as the old boss.

On the other hand, the fastest way to obfuscate acting like a socialist is to use people who have conservative bona fides to do your dirty work.

Best Regards

Posted by: ATNorth at December 2, 2008 08:55 AM

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