The Excel depression

Once more, we have been sold down the river, compliments of a couple of academic economists.  Once more, it is proven that  academic economists can and do make stupid and very costly errors.

Read : http://www.nytimes.com/2013/04/19/opinion/krugman-the-excel-depression.html?ref=opinion&_r=2.

Further comments are superfluous, except for the following : never take economists too seriously, because if you do,  you might come to regret it.

Brrrr.

2 comments:

Anonymous said...

And you'll pay it dearly !

Pablo Carpintero said...

Lees ook : http://www.knack.be/opinie/columns/jan-blommaert/hogere-begrotingstekorten-geven-zuurstof-aan-de-economie/opinie-4000284936792.htm.