Saturday, March 26, 2011

How not to do economics; another edition

People, if you are going to write a paper called "Global Liquidity Trap", the first line of your abstract probably should NOT read as follows:

"In this paper we consider a two-country New Open Economy Macroeconomics model, and analyze the optimal monetary policy when countries cooperate..."

Ah yes, future economists, count off after me; 1, infinity and we're done!

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