If you want to know where we are right now, rent the movie “Jaws.” We’re at that moment when Roy Scheider first sets eyes on the Great White Shark and comes back and says to the skipper, with eyes wide with fear: “You’re gonna need a bigger boat.”
--Thomas Friedman
Economics, Monsters, Immortal Souls, and the Cosmic Area Rug
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Well, I finished the Milton Friedman biography, so I've completed this
year's continuing education in economics. Bottom line? And what does it
have to do...
6 hours ago
2 comments:
Good for Friedman. Hitting the link in your post, I read that Friedman in "in the boat" with Robert Reich: Stimulate demand, big time.
It is the only thing to do to avert a Depression. I hope Obama is listening -- that is, reading your blog, Nagarjuna.
Tom--
I just hope that Obama is reading Friedman and Reich. :-)
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