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Saturday, August 14, 2010

EVEN IN A RECESSI0N, DON'T FORGET THE IMPORTANCE OF AGGREGATE SUPPLY. AND IS THERE A "PARADOX OF TOIL?"

Today's Buggy Topic Is . . .

. . . Found at Economist's View in a thread that starts off with a mangled interpretation of a blog-post and then unleashes the usual sneering invective by the customary left-wing posters, most of whom --- maybe with three or four exceptions --- seem to know next-to-nothing about economics.  Post bug's lengthy analysis tried to untangle the mess left by others, more or less the way the broom-and-shovel brigade enters the circus-arena the second after the elephant-parade and tries to get rid of the crap the huge pachyderm.  Click here for the clean-up bug-stuff.