In general I agree with what Austan has to say, other than his near-embrace of the "thermostat" model of regulation in which what matters is the amount rather than the content. Fortunately he backs off a bit but not as much as he should.
And doesn't Ozy have editors or fact-checkers? Goolsbee is not on the faculty of the economics department at Chicago but rather that of the Booth School. Ooops. And it is so hard to check, given that the department has adopted the tricky procedure of listing the faculty in alphabetical order by the first letter of their last name.
Whew.
8 years ago
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