10.12.2005

He's the father of the bubble, but...

he's finally right about one thing:

Greenspan: Flexibility crucial to economy.

Translation: European-style labor laws and market intervention result in European-style unemployment rates and stagnation.

No comments:

Depopulation

I meet a lot of very cool 30-ish people who don’t seem to be on the path to having kids. Huge mistake. Kids are awesome. It’s the circle of...