President-elect Barack Obama promised on Monday to jolt the faltering U.S. economy with a costly stimulus package next year and introduced the team that will help him navigate the global financial crisis. (Reuters, Tuesday)
Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. –J.M. Keynes
FEE Timely Classic
An Unstimulating Idea by Sheldon Richman