TAEA

Interesting perspective with a dose of reality on a recent American Economic Association's meeting...

AlterNet: The Economic Idiocy of Economists

...since this is an election year, we can forget about having any fact-based discussion of these (economic) issues in 2012.


In fact, even Japan is not going to end up like Greece, and Japan has a gross public debt of about 220% of its GDP, more than twice the size of ours and vastly larger – again, relative to its economy – than that of Greece.