Tuesday, 7 April 2009

Only the French ....

This from Tyler Cowen at Marginal Revolution
On France, I liked the data on p.6. Circa 1981, only 52 percent of French economists thought that rent control reduced the quantity and quality of the housing stock. Only 49 percent of French economists thought that flexible exchange rates were "effective," compared to 94 percent in the United States and 92 percent in West Germany.
I just hope French economists don't think like this today!

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