Grad student who shook the Global Austerity movement [Archive]

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redfox

4-19-13, 11:51pm

And his research...
"Most Ph.D. students spend their days reading esoteric books and stressing out about the tenure-track job market. Thomas Herndon, a 28-year-old economics grad student at UMass Amherst, just used part of his spring semester to shake the intellectual foundation of the global austerity movement."

http://nymag.com/daily/intelligencer/2013/04/grad-student-who-shook-global-austerity-movement.html

razz

4-20-13, 10:11am

Thanks for posting this link. Most interesting reading.

Gregg

4-20-13, 10:43am

Thanks redfox. The implications of the correction are fascinating to think about. Of course there are other reasons to limit spending aside from just growth/anti-growth so it will be interesting to see what comes out of this.

Personally, I'm thinking of getting a small "L51" tattoo to remind myself to double check things before I click 'send'.

try2bfrugal

4-20-13, 1:11pm

Interesting link. Thanks for posting Redfox. I enjoy anything that proves Paul Ryan wrong. :)

redfox

4-20-13, 2:58pm

Personally, I'm thinking of getting a small "L51" tattoo to remind myself to double check things before I click 'send'.

LOL! Please post pics...

redfox

4-20-13, 6:55pm

http://www.nytimes.com/2013/04/19/opinion/krugman-the-excel-depression.html?smid=fb-share

Krugman's editorial on the matter.

Gregg

4-22-13, 9:22am

LOL! Please post pics...

Ha. I talk big, but thus far have chickened out of every opportunity to get inked. Guess I gave up tequila too early in life.