Sunday, May 5, 2013

Driven to be stupid

This is just unbelievably stupid: 

Harvard's Niall Ferguson Apologizes for Keynes Remarks.

The guy has been wrong so many times about debt, about Keynes, about austerity..., yet he is so driven by his ego that he just has to prove to the world that he is indeed very very sincerely stupid. 
Why does this thing matter? Well, it's really about who you should completely ignore despite profound-sounding words and impressive credentials he may be giving you regarding macro and investment. And who you should pay close attention to.

Ignore Martin Feldstein if you can. Ignore Charles Plosser and Richard Fisher even if you cannot.


2 comments:

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  2. go home, gooferson.

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