Another economic illiteracy alert, this one from Larry Summers, Ph.D.

Lynne Kiesling What horrific events in Japan. I was very sorry to awaken to hear of such devastation, and the videos I’ve seen and the fact that the aftershocks and waves have been almost continuous for the past 12 hours sound completely terrifying. As the tsunami waves rippled out, though, it didn’t take long for … More Another economic illiteracy alert, this one from Larry Summers, Ph.D.