Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.

But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.

-- Brad Delong

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Monday, November 8, 2010

Quote of the Day - Re: Friedman vis a vis QE II

David Beckworth muses on Friedman (Milton, not that ass-hat Tom.)

My original intent in publishing the Op-Ed was as a way to reach out to inflation hawks who claimed to be followers of Milton Friedman. I was hoping they would see Friedman's views were nuanced and that this would encourage them to take a more nuanced view. 

Well, David, thanks for fighting the good fight.  Too bad trying to make inflation hawks see the light is like igniting a candle in a cave full of bats.  Even when the guano flares up, they won't see it.

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