Paul Krugman in February 2009 on the Inadequacy of Stimulative Policy
Monetary Constitution of the Eurozone Blogging: A History Lesson for the Grandees of the ECB

Quote of the Day: October 24, 2011

"Men lose their high aspirations as they lose their intellectual tastes, because they have not time or opportunity for indulging them; and they addict themselves to inferior pleasures, not because they deliberately prefer them, but because they are either the only ones to which they have access, or the only ones which they are any longer capable of enjoying."

--John Stuart Mill, Utilitarianism