Saturday, May 03, 2014
Skull and Bones Update- Economist William Nordhaus: 'Things That I Learned As An Undergraduate Are No Longer Right' (Video)
Skull and Bones member William Nordhaus sure is funny. He's still promoting that old time Keynesian economic religion. What Nordhaus learned as an undergraduate, he now promotes as a co-author of one very famous Keynesian textbook (check out his bookshelf). Nordhaus' pro-inflationary outlook is what got him to the top position at the Boston Federal Reserve Bank.Go to the 3:30 marker of the video. William Nordhaus is the modern day medicine man, court intellectual, and apologist for government intervention in the economy.
Posted by Steve Bartin at 2:34 PM