Robin Hanson writes:

In particular, the more public attention we give to the stimuli,
the less they might work.  We might make people realize that they need
to compensate via saving, and the more we scare folks into thinking we
need a huge stimuli, the more we might scare them away from normal
economic activity levels. So should we stop explaining macro-economics during this crisis, and stop saying how desperately we need a stimuli?

From now on…Markets in Everything!  All day, every day…


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