An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, March 29, 2011
Inflation "education" courtesy of the ECB
From Professor Bill Black of UMKC:
The ECB's homepage highlights its inflation games: "Inflation Island" and "Economia." You can play them in 22 EU languages -- each of them financially illiterate.
I messed around with it and now I have a question: Did Ayn Rand develop this game - i.e. control the variables to validate its framework since no empirical examples do.
I messed around with it and now I have a question: Did Ayn Rand develop this game - i.e. control the variables to validate its framework since no empirical examples do.
ReplyDeleteOh, God, I'm afraid to even look at it. Will I laugh or cry?
ReplyDelete