Quote:
Originally Posted by Derwood
this letter to the editor was in the local paper this morning:
talk about conflating causation with correlation. people being on unemployment is killing the job market? why can't people see the benefit of these unemployment benefits keeping people afloat (and going straight back into the economy, btw)?
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Yeah I read that and was thinking the whole time that this is some idiot that doesn't understand basic economic principals, the difference between elastic and inelastic demand, and the difference between correlation and causation. Then I got to the bottom and see it is an economics professor at Ohio state. This makes me wonder about the quality of professors at Ohio state.... Another possibility is someone just used his name and he didn't write it.