…and says Ouch!

25 October 2011

Paul Krugman walks into a bar, and asks How much for a scotch, neat? The bartender looks at him, and thinks What could a Keynesian know about money? So he says One trillion dollars. Krugman gets on the phone, calls the Fed and the White House, and they send over $1 trillion. As Krugman is drinking, the bartender remarks You know, we don't get many Keynesians in here. Krugman replies Well, with these prices, it's no wonder!

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