Thursday, February 17, 2011

And now for something completely different

One image worth a thousand words, from the Congressional Budget Office, via Mark Thoma's Economist's view.


  1. this is a great chart for teaching...I used it both in econometrics and macro this week.

  2. I know this one is brutal! You really have to hate evidence to bring up Social Security.


Godley versus Tobin on Monetary Matters by Marc Lavoie

  The 4th Godley-Tobin Lecture given by Marc Lavoie, a co-author of Wynne Godley, and one of the leading Post Keynesian authors.