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May 06, 2006
Those Crazy Economists
"Newlan's Truism: An 'acceptable' level of unemployment means that the government economist to whom it is acceptable still has a job."
I saw this nugget ‘o wisdom at the bottom of the main page at slashdot.org’s website today. I don’t know who Newlan is or was, but he sure captured the feeling I get when reading or hearing pronouncements from most economists. They tend to take the kid-with-an-ant-farm view of humanity. To wit: ”Sure some people will lose out with this new policy we have put in place or want to, but hey, in the long run.. blah blah blah…” You get the idea. In the “long run” we’re all fookin’ dead too.
Posted by Ali Massoud at May 6, 2006 11:24 AM
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