"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)

miércoles, 17 de diciembre de 2014

Genial

Genial el post de Scott Sumner sobre la Nutria, sus efectos devastadores cuando defeca, la necesidad de abrir la veda y volver al negocio de los abrigos de piel de nutria, para que deje de invadir el planeta de metano que liberan sus cacas, etc.

Pero lo mejor es la discusión posterior entre un comentador y el mismo Sumner, sobre quién es más idiota. Pobre Sumner!. Vean,
Ray López: Part of the reason beavers are on the increase is due to man killing all their predators, so culling them is reasonable. More interesting is Sumner has no opinion on Russia, which is right in his area of expertise, yet he does have a strong opinion on wildlife management, the domain of a biologist. My theory is economists will not touch a hot topic for fear of getting it wrong. But something quaint and 20 years in the future? That’s fair game, no pun intended.
Scott Sumner: Ray, I don’t think I’ve ever come across someone as totally without a sense of shame as you. It seems like you write things down without even thinking. A few days ago you implied I would be embarrassed by the fact that someone thought of NGDP targeting before me. Then I showed you that it’s widely known that NGDP targeting has been around for a long time, and that that person never even came up with it.
Then you speculated that I had no FAQ section because I didn’t want to go on record with clear views. I told you I’ve had one from the beginning.
And now you say I am afraid to offer any opinions on Russia, immediately after I wrote a post offering the opinion that Russia should let its currency float!
Next week I expect you to accuse me of refusing to get into blogging for fear I would lose debates with people like you.
For now I’m having fun shooting down your silly arguments, but shooting ducks in a barrel gets boring after a while. You better raise the quality of your posts above the Major Freeman level if you don’t want to be ignored.

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