Levitt (and Krugman) on the Colbert Report: the video(s)

Yes, I found it in the end, I found the recording of Levitt’s interview from the 5th of December on Colbert’s show (I was also talking about it here )! I must admit that I thought Levitt was “winning” a few times from Colbert, so no doubt the latter must have been very serious when he said in the end of the talk that he does not want any other winners (aka John Bates Clark medal laureates) in the Colbert Report show.
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Prescott, Card and Mankiw on income and substitution effects (applied to USA vs. EU)

Without holding either a Nobel, a John Bates Clark, a chair in Economics or even a PhD in Economics for that matter (yet!- working hard to finish my thesis soon), I will adventure to state that I am inclined to agree with the argument put forward in a recent post by Greg Mankiw (which is also Ed Prescotts’s position, but not so much David Card’s).
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