by Tyler Cowen
on February 22, 2009 at 10:57 pm
in Political Science
In fact, Moody’s Economy.com estimates that metro Washington’s economy will actually grow 2.5% from mid-2008 through mid-2010. New York’s economy is expected to shrink 4.2%.
Perhaps my memory fails me but didn’t Moody’s play a key role in blowing up the economy?
The minute they estimated the multiplier to be greater than 1 they had instant credibility…hmmm
Just got back from a week in NYC. The most striking thing about that visit was, for the first time in 20 years of consistently visiting the city, I saw apartment for rent signs everywhere in there.
Times of turbulence are good for bloggers
“They made a desert and called it peace.” — Tacitus
I suspect you were thinking.. “and laws were most numerous when the commonwealth was most corrupt” but maybe also “The desire for safety stands against every great and noble enterprise.” There’s always good work at Lockheed and Northrup…
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