Mucho yucks were provided this week by the hapless Conservapedia’s project for driving liberalism out of the Bible – an exorcism that will, alas, also kill the good book for Christians, as it seems to involve driving the Son of Man out, too. I am feeling so humorless this week that I actually looked upon this suggestion with horror, as a sort of sign o’ our demonic times. Perhaps it is proof of an old saying: “Give not that which is holy unto the dogs, neither cast ye your pearls before swine, lest they trample them under their feet, and turn again and rend you.” In the zona, we have proved over and over again that this is an iron law.
For mucho yucks of another but parallel sort (since it has to do with the swine that are rending you with the biggest smiles on their faces, and then explaining that it happened because of jobs, jobs, jobs, and could we please hurry up with another helping of pearls at this end of the table), Brad Delong wrote this uproarious post:
“I Would Award This Year's Nobel Prize in Economics to Ben Bernanke and Mark Gertler...
...for their work on the credit channel and large downturns, if I were running things. It has been the most valuable thing done in the past half-century in helping us to think through policy issues today.
No matter who gets it, they are the ones that deserve it.
That neatly wraps up the worldview of economists. Some look out and see 17 percent Unemployment (U), continuing its rise, and cry out that the system has buckled and the political elite are all sitting insouciantly in a circle jerk; but others look out and see very, very clever schemes being hatched and superintended to channel Government money to the richest people on earth, the banksters, and they want to nominate the man at the heart of it all, Ben “the subprime has been contained” Bernanke for the prestigious and totally fake Nobel prize in Economics.
Some say a man ain’t happy, truly, till a man truly dies… o time.
Links for 09-22-17 - The Fed Buys into Secular Stagnation - Joe Gagnon The New Monopolists - Mordecai Kurz Another event to study - Econbrowser The Coming Bear Market?- Robert ...
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