SilasBarta comments on Open Thread June 2010, Part 3 - Less Wrong

6 Post author: Kevin 14 June 2010 06:14AM

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Comment author: SilasBarta 15 June 2010 03:39:58PM *  0 points [-]

Thanks for that link. I hadn't realized Henderson had written that, let alone just a few months ago! Its recency means he could critique the stimulus arguments of the last two years, making basically the same arguments I do.

My only complaint is that he noted that leaving off non-market exchanges (i.e. maid becoming wife) causes GDP to be understated, when he should have discussed its impact on the rate of change in GDP, which is more important.