Thursday, April 8, 2010

Why No One Should Bourgeoisie Economists Too Seriously

Krugman scolds Stiglitz for not understanding exchange rates - which are SO simple - and then draws a chart that scientifically 'proves' his case.

And both these guys are Nobel laureates.


Anonymous said...

Hey, they gave the Nobel to Obama. Why not these guys?

Scott said...

Completely agree...the chart obfuscates more than it explains.