"How can I know what I think until I read what I write?" – Henry James


There are a few lone voices willing to utter heresy. I am an avid follower of Ilusion Monetaria, a blog by ex-Bank of Spain economist (and monetarist) Miguel Navascues here.
Dr Navascues calls a spade a spade. He exhorts Spain to break free of EMU oppression immediately. (Ambrose Evans-Pritchard)

domingo, 4 de diciembre de 2011

Enorme

comentario de Sargent en una entrevista cuando le dieron el premio Nobel:
As for the euro, he says he will provide a few possible answers in his Nobel speech on Saturday. His draft is a scholarly, 40-page, footnoted, annotated paper. “There isn’t much about Europe in it,” he acknowledges. “They don’t want advice from an American, really.”
Grandioso.
Y, de paso: todo lo que quería saber de expectativas racionales y no se atrevía a preguntar...
http://noahpinionblog.blogspot.com/2011/12/harrison-kreps-1978-power-of-irrational.html

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