I have made an error regarding Megan McArdle's views on austerity so as a
mea culpa I will write a post that correctly and comprehensively covers Ms. McArdle's views, predictions and assessments on the recession, austerity and stimulus. It is the least I can do.
Is this it, or will there be another Countdown to Doom?
ReplyDeleteBecause you're trying to do a coherent explanation of a junkyard.
I would say "better you than us," but wouldn't wish wading through the historic McMegan/Iceland posts on anyone who was not being paid very well to do it.
ReplyDeleteI assume she thinks that "Free Trade Capitalism" is Holy, and bankers and brokers and the rest of the thieves on Wall St. are its sacred priests... Iceland nationalized their banks! OMG Communism!! Results (a country's economy recovering) don't justify such terrible means! And whats more, the Icelander's weren't forced to pay off their Banker's staggering debts! So teddibly immoral! They should have followed Greece's example!
ReplyDeleteWhy is it that the least you can do is so much more than McArdle can do?
ReplyDelete(Well, we know, but the answer might still be fun.)
I am taking my time. McArdle took two years, I'll take a couple weeks.
ReplyDelete