This Week... William Shakes Pear, Useless Machines, Nitflux, Other

Commentary

"I wish more people cared about Earth as much as they cared about who they believe created it."

"Easter is the single time in a year when it is safe to put all your eggs in one basket."

“If this counts as a policy success, why not try repeatedly hitting yourself in the face for a few minutes? After all, it will feel great when you stop.” P. Krugman

"Easter says you can put truth in a grave, but it won't stay there." Clarence W. Hall

"All I really need is love, but a little chocolate now and then doesn't hurt!" Lucy Van Pelt, "Peanuts"

"We are told to let our light shine, and if it does, we won't need to tell anybody it does. Lighthouses don't fire cannons to call attention to their shining – they just shine.

"Easter is very important to me, it's a second chance." R. McEntire

Ailurophile – A cat-lover.

“Unlike Greece, Britain has retained its own currency and borrows in that currency – and no country fitting this description has ever experienced that kind of crisis.”

“In 2007, Government debt as an a percentage of GDP was close to its lowest level in a century, while the budget deficit was quite small. The only way to make the numbers look bad is to claim that the British economy in 2007 was operating far above capacity, inflating tax receipts." Paul Krugman Government fixation with budget deficit is ‘bogus’.

And, those who ever learned accounting would recall that debt is only half of a balance sheet. We would have to consider assets also if we really wanted to tell a story about how debt could impact growth. Lessons From the Reinhart-Rogoff Controversy