Monday, December 29, 2008

True story

At the party I went to Saturday night, I was talking to a guy (a Democrat) and said something deprecatory about the Obama administration's fondness for Keynesianism. The guy says, "You sound like [Cato Institute economist] Dan Mitchell. He plays left field on my softball team and he's always talking about the Keynesians, the stimulus and the bailouts."

To which I replied: "Dan Mitchell in left field? Are you crazy? He belongs in right field -- no, better yet, far-right field."

1 comment:

  1. FDR had a fondness for Keynesianism and it took WWII to get us out of the depression. Obama must be arrogant to think it will work this time. So if Dan Mitchell is in right field, Where would John Lott be?