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Re: Austerity!
Quote:
Originally Posted by Adder
That is excellent.
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The only tweak I would make is to stress that the preferences are revealed on the margin, not as absolutes. No matter how low inflation drops, our institutions are unwilling to risk any real increase.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
Last edited by Tyrone Slothrop; 04-25-2012 at 05:14 PM..
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