For economists in love, supply plus demand equals happily ever after

“We’ve eliminated the inefficiency caused by moral hazard, by eliminating the asymmetric info.” A Federal Reserve official talking about ways to avoid future financial bailouts? A Pentagon war games planner discussing efforts to reduce the chances of a conflict with Chinese? Nope. It’s Betsey Stevenson, the chief economist at the U.S. Department of Labor, talking

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For economists in love, supply plus demand equals happily ever after

Posted by on September 16, 2011. Filed under News, Trending News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.