Strange times create heroes - Letters castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
Janet Yellen and husband Geroge Akerlof
Joe Biden s nominee for Treasury Secretary, Janet Yellen, is a typical over the top Keynesian in favor of mad money printing by the Federal Reserve but a bigger problem might be the influence of her husband, George Akerlof, on her thinking.
You can t get much more authoritarian in your thinking than Akerlof does.
John Tamny writes:
In Phishing for Phools, a 2015 book that George Akerlof co-authored with Robert Shiller, the authors wrote without even a hint of irony that people “do not do what is really good for them, they do not choose what they really want.” Please think about the previous bit of absurdity from the two economists. Maybe think a while.
EconomicPolicyJournal com: The Nazis and the Centrally Planned Economy That They Ran economicpolicyjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economicpolicyjournal.com Daily Mail and Mail on Sunday newspapers.