EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Tuesday, December 07, 2004

2 Centimeters of Snow Paralyze Toronto

If Canadians are so smart (see the posting below), how did this happen? We expect this to happen in D.C. or Raleigh, but not in Calgary or Trono.
Let's hear it for good old "adaptive expectations" models.
(thanks to Jack for the tip).

posted by EclectEcon @ 12/07/2004 10:24:00 a.m.  

 
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