Wednesday, May 6, 2009

I'll Be Impressed When Some Austrian School Economists Are Invited

Newsweek reports:

Mindful of his predecessor, Barack Obama seems to be trying harder to make sure he hears all sides. On the night of April 27, for instance, the president invited to the White House some of his administration's sharpest critics on the economy, including New York Times columnist Paul Krugman and Columbia University economist Joseph Stiglitz. Over a roast-beef dinner, Obama listened and questioned while Krugman and Stiglitz, both Nobel Prize winners, pushed for more aggressive government intervention in the banking system.
A different side of the same coin.

1 comment:

  1. I think this story was supposed to hit the wires when Bush was still in office. Then the "sharpest critics" remark in regards to Stiglitz and Krugman might make more sense.