Friday, January 25, 2013

Say It Loud, Say It Proud

The frustrating thing is that I think a lot of economists would agree with me about the substance of the post below. At least, they would if they thought it through. Few have made the case for helicopter drops over the past several years. That's a shame.

It's a bit like the trillion dollar coin. It's "crazy." But like the trillion dollar coin it isn't any crazier than what happens every day. It's just more transparent. And ultimately it's more effective. Give people free money.