[119076] in Cypherpunks
Re: Robert Mundell "Nobelist"
daemon@ATHENA.MIT.EDU (Duncan Frissell)
Thu Oct 14 11:53:11 1999
Message-Id: <4.2.0.58.19991014113351.0227b110@popserver.panix.com>
Date: Thu, 14 Oct 1999 11:39:03 -0400
To: John Young <jya@pipeline.com>, cypherpunks@cyberpass.net
From: Duncan Frissell <frissell@panix.com>
In-Reply-To: <199910132130.RAA23991@smtp10.atl.mindspring.net>
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Reply-To: Duncan Frissell <frissell@panix.com>
At 05:18 PM 10/13/99 -0400, John Young wrote:
>This has got to be useful to somebody here: Robert Mundell,
>the winner of the economics Nobel (actually given by the
>Bank of Sweden, I believe) is my brother-in-law. All I know
>about his work is what I learned scanning and HTMLing his
>"International Economics," now on his Columbia U. web site.
>It's supposed to be a classic, perhaps it is. Making zillions
>of tiny graphics of the equations sucked. Maybe they were
>bona fide, maybe just lipstick. A dismal science, some say
>of economics, but, but, and this is where an architect starts
>to drool, he's getting nearly a million bucks to take home
>to hide from the IRS. Come here, Bob, my best relative in
>the whole world, let me build you a disappearing vault.
>
>
He doesn't have to hide the $MEG from the Service. If you win certain
prestigious prizes (Nobel, Pulitzer, etc) the money is tax free.
See today's WSJ Editorial Page for a lead editorial on his importance to
supply side economics and the destruction of Lord Keynes.
DCF
----
Market economics: "Give me 100 bushels of wheat and I'll give you 32 grams
of gold"
Socialist economics: "Give me 100 bushels of wheat or the militiamen will
bayonet your children"
