Arguing with Ph.D.s
Yes, there are probably more productive uses of my time than arguing with myopic, model-worshipping, economics Ph.D.s.
But this is Menzie Chinn, of losing-a-battle-of-wits-to-Sarah-Palin fame.
Today's episode is Chinn defending Obama's GDP forecast by comparing it to a projection based on the last half-century's unprecedented debt boom.
Read the comments and enjoy.