Mark Thoma: Has the Fed Learned Its Lesson?
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Mark Thoma Puts the Most Bizarre Picture in My Mind...

After reading Mark Thoma this morning, I now have the most bizarre image in my mind:

A seminar at the Library of Alexandria in 300 A.D., with an astronomer trying to provide micro foundations in the form of calculations of how large their wings must be and how fast their wings must beat for the angels to push the planets on their tracks through the quintessential spheres…

I wish I could get this out of my mind...

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