So much confusion would be avoided if we reminded ourselves now and again that economics began not as a search for order but as a search for the explanation of the order that was too obvious to miss.
Low Interest Rates Don’t Have the Stimulus the Economy Craves
In the 2006 Mike Judge movie Idiocracy, the dumbed-down human population five-hundred years into the future have replaced water in drinking fountains with the salty sports drink “Brawndo,” and have even begun to water farm crops with Brawndo. Facing a nationwide...
