Professors, Free Markets & The Fed – The Little Red Riding Hood Economy
Ok, I promise this will be my last rant on this subject. At least for now.
Ok, I promise this will be my last rant on this subject. At least for now.
As my loyal readers know, I’m near the end of a long rant about the silliness of entrusting economic policy entirely to professors.
First, do no harm.(1)
In my last two posts I listed some of the problems with allowing professors to dominate economic policymaking. Here are some more.