Shorter Greg Mankiw

In the Sunday NYT, Greg Mankiw posits the following:

• Governments cannot Regulate. Proof? Radical Deregulation failed…

• “I’m not saying Fannie Mae was THE cause of the collapse — but they were a major causal factor.”

• We have no clue why Economists suck — but they just do.

You can read the rest of his intellectual detritus here.

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