"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.
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1 comment:
Interesting to know.
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