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.

2 comments:

thespanishprisoner said...

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

Scott said...

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