As Measured by the Five-Year Inflation Breakeven...
No, Cliff Asness Still Has Not Done His Homework on What a Liquidity Trap Is: Why Do You Ask?

Department of "WTF?!": Yes, Clifford Asness's Views on Global Warming Are Insane: Why Do You Ask?

UPDATE: Cliff Asness states that I misinterpreted his column: that he did not intend for his:

I'm amazed that a Paul Krugman can look at 15+ years of the earth not warming and feel his beliefs [on global warming] need no modification...

to be a right-wingnut dog-whistle claim that global warming from human activity had stopped and was unlikely to resume.

On Twitter:

@delong: .@Cimmerian999 Suggest you replace “the earth not warming” with “surface atmosphere temperatures not exceeding extraordinary spike of 1998”

.@Cimmerian999: .@delong Yes, in a paragraph meant to be funny (lost on you and Jesse obviously) that would work much better.

END UPDATE


Clifford Asness: The Inflation Imputation: "I'm amazed that a Paul Krugman...

...can look at 15+ years of the earth not warming and feel his beliefs need no modification or explanation...

Fig A2 gif 658×474 pixels

What next, Cliff? ShadowStats? Queen Elizabeth a secret lizard-person? Moon landing faked?

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