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 20, 2008
The last time the stock market was this low...
The last time the stock market was this low, my family and I looked like this:
And when I told my oldest son that the stock market would be at the same sorry level, 11 years later, he responded
I really don't want to drag out any earlier photos.