“Why is there CORN in my Coke?”
Newmark’s Rule #4: if you see something weird in the market, check to see if government is involved.
It is,: here.
Associate Professor of Economics, North Carolina State Univ.
If government spending were enough to make the economy hum, we should already have the fastest growing economy on earth.
Yes, I know, you’re shocked. How could this be? Over at the Wall Street Journal, Daniel Klein tells us why