Wednesday, November 14, 2007

Free Lunch....

"There's no such thing as a free lunch" is an idiom, the title of a book by Milton Friedman, and the substance of a wiki page. It's also the idea behind a paper I wrote a few years ago on monetary policy published in the Journal of Macroeconomics.

More recently, we have more proof that very little is in fact free... as the UndercoverEconomist reports here.

1 comment:

Orla said...

Interesting to know.