Thursday, October 29, 2009
Look out! It's a book by Joel Waldfogel based on the deadweight loss of Christmas! I have made my point on the topic already, so I'm going to do my best to hide from any and all reviews of the new book.
Did I mention it's called "Scroogenomics"?
Policymakers who turned to academic economists for guidance in last year’s crisis were told in effect: "The situation you are dealing with is impossible: our theories prove that it simply cannot exist."