Applied Rationality focuses on public policy issues and tries to take a liberal perspective that is consistent (comments to the posts will often show otherwise) with neoclassical, rational-choice economics.
Thursday, November 13, 2008
Fasten Your Seatbelts
Earlier today the OECD predicted a major downturn for the world's developed economies. The Dow Jones average responds by jumping 552 points. A bumpy night indeed.