Wednesday, June 1, 2011
Robert Lucas Argues That Barack Obama Is The Most Important Leader In American History
Robert Lucas Argues That Barack Obama Is The Most Important Leader In American History: "pI’d been dimly aware of Robert Lucas’ argument (PDF) that the Great Recession can be explained without reference to such petty concepts as aggregate demand, but until I read Gavyn Davies’ summary and critique I didn’t understand that thinking of it as an essay about the economy is a mistake. This is an essay about [...]/p"
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