Twitter: Joshua Gans- @jodiecongirl Actually, it says more about you that you've heard of them!
- @jodiecongirl I think it says that economists don't just assume rational agents but are attracted by them too. Talk about a value conflict.
- @jodiecongirl Why uninteresting? Think of Alex P. Keaton, Quark , Sheldon and Dogbert.
- RT @freakonomics: Freakonomics Movie is released via iTunes tomorrow: http://bit.ly/9YveA3 [I'm gathering the kids for a Friday night movie]
- Am I to understand that we are now in the path of a Hurricane? http://bit.ly/daitO9 This aint the tropics.
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Nov
24
US inflation
November 24, 2009 | Comments Off | Mark Crosby
There are two extreme views going around regarding where US inflation is headed. Those who subscribe to the view that the US is in for a long period of insufficient demand see the risk as being a Japanese style decade long deflation. On the other side are those who see the only way out of the US problem with unsustainable debt being to inflate it away. For those of that view, there is an extraordinary debate going on in the US House Financial Services Committee, which could lead to the Fed being a lot less independent (leading to the risk of higher inflation, among other problems). It will be very interesting to see how this pans out, but to follow the debate go to the Wall Street Journal article here.