I genuinely thought this was an elaborate joke when I first came across it. It still wouldn't surprise me if someone popped up with the internet equivalent cry of 'April Fool'.
Sunday, 8 July 2012
Monday, 2 July 2012
Resistance is Futile
On p.218 Krugman states that"
"If I had to summarize Ball's position, I would say that he suggests that Bernanke was assimilated by the Fed Borg.."
Whatever you think of his economic analysis, you have to respect a Nobel Laureate who can work a Star Trek metaphor into his argument. However, I do think he has missed a trick here - Bernanke is not just any Borg - he is Locutus of Borg, created specifically to speak for the collective and to prepare the rest of us for assimilation.
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