I just started macroeconomic theory at my notably freshwater (Hayekian) institution. The first few days have been interesting, to say the least. I anticipate more quotable insights from this renowned and stately professor.
9/12/2012 04:55:52 am
I was going to make a funny math-major joke. Isn't a standard geometric series [r/(1-r)] when you start at t=0 rather than t=1? ie instead of [1/(1-r)].
9/12/2012 05:03:41 am
No, you're not missing something. He just dislikes Keynsianism this much.
9/12/2012 05:10:24 am
9/17/2012 07:27:18 am
God, this makes me a bit embarrased by association! My strategy: just sit back, smile and don't worry about taking such great notes.
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