A long pondered but only lately realized blog about economics, politics, evaluation, econometrics, Ann Arbor, academia, college football and whatever else comes to mind.
Sunday, August 8, 2010
On the slow recovery
I agree with Jeff Miron on this, both in that I think expectations are mattering a lot for private sector behavior and that the best we can hope for (and this is nothing very new) is gridlock in DC after the November elections. Gridlock tends to mean policy stability, which is good for investment.