标题: [原创] The current economic mess can be traced back to MIT [打印本页] 作者: not4weak 时间: 2012-1-15 18:59 标题: The current economic mess can be traced back to MIT
MIT had very bad academic program I think. All these men who followed the stupid Paul Samuelson theory. "You have to sth. about it?" NO, you don't have it.
The old Chicago school of thoughts are pretty good I think. The Friedman theory is alright.
MIT Message
“You’ve got a problem, you have to do something about it. That is a message which they learned at MIT,” said Allan Meltzer, a professor at Carnegie Mellon University in Pittsburgh, Pennsylvania, and author of a history of the Fed, in an interview. “The danger is that you don’t think about the longer-term consequences of what you’re doing.”
