Thursday, August 19, 2010

QOTD

"It takes a heap of Harberger triangles to fill an Okun gap" -- James Tobin
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3 comments:

  1. David1:50 PM, August 19, 2010

    Saucy!

    ReplyDelete
  2. Art Carden4:01 PM, August 19, 2010

    But what if you add Tullock rectangles?

    ReplyDelete
  3. Carlos12:50 AM, August 21, 2010

    Did you really only just come upon this old chestnut of a quote? Harberger published an extensive reply a dozen years ago.

    ReplyDelete