…and some of us were worried about Portugal…
→ Read moreAt midnight, if the President and Congress have not reached an agreement on funding measures, the U.S. government will shutdown, referred to as a funding gap, until an agreement is reached to either extend a temporary funding measure or a final budget deal is made.
[…] I must out of courtesy and caution reserve judgment on any laws that Professor Stigler may unveil. For, as I learned when our friendship began long ago, George Stigler can do anything– anything but be boring.
- Harald Uhlig has an interesting recent paper entitled “Economics and Reality” (intentionally recalling Sims’s 1980 ECMA, indeed) . While he discusses the relationship between Economics and Reality (yep, isn’t that what you all hope to hear?) mainly in terms of Macroeconomics (you know, the black sheep of the family), I thought he does that in an informative and at the same time very concise way.
One of the reasons I just love reading Landsburg: he is acid and funny. Here’s something that hopefully will open a longer exchange between him and Krugman: I really think Steve Landsburg is the proper counterpart to Paul Krugman in any debate (NB: Mankiw is great, but too serious and not engaging–understandably– enough in the type of debate Krugman seems to love).