Sunday, April 06, 2008

Populist "economics" at its best

I've heard a lot of economics nonsense coming from Hillary Clinton's camp in the current US presidential campaign, but this might well qualify as the apogee so far (how much nonsense can you utter in a few given minutes...). You might also (finally?) realize why Jay Leno has got a bachelor's degree in speech therapy, not in Economics...

Via Greg Mankiw (read also Russel Robert's analysis on Cafe Hayek, that Mankiw links to; Robert is debunking here but one of the too many obvious flaws in that interview).

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