One of the joys of growing up rooting for the Cubs was the voice of Jack Brickhouse watching a ball sail over the outfield saying "It could be....it could be....IT IS". Well, that was sort of my feeling when I heard that President Obama would be appointing a new economic advisor from the University of Chicago.
University of Chicago? Home of Milton Friedman and a host of Nobel Prize (OK, Sveriges Riksbank) winners for economics? Could it possibly be that Dear Leader slipped up and appointed an advocate of free markets and reasonably sound money? The good news was tempered when....
....I learned that the advisor was not, strictly speaking, from the economics faculty, but was rather a professor in the business school, and was moreover a long term advocate of Obama's particular brand of Keynesianism.
You know, this feels a LOT like looking at the Cubs' win/loss record after the typical "June Swoon"--the string of losses that always happened after a few weeks of day games in the 90 degree heat and 90% humidity all too well known to Chicagoans.
It could be.....it could be......caught by the Mets center fielder out of the ivy. Cubs fall to 60-102 for the season.....
I should have known that the chances of a sound economist working for Team Obama were about the same as seeing baseball in October in the friendly confines.
The Summer Solstice Audit
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This Friday is the summer solstice. It’s the longest day of the year.
Afterward, the days will start getting shorter. We’re big advocates of
embracing se...
10 hours ago
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