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.

2 comments:

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

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

    ReplyDelete

Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...