A few days ago, Greg Mankiw posted this amusing dialogue about the unemployment rate, as if Abbott and Costello had to discuss it. Here is a tidbit of the exchange:
COSTELLO: I want to talk about the unemployment rate in America. Keep reading this post...
by Kenneth Thomas of Middle Class Political Economy Greg Mankiw doesn't understand competitio?n for investment Greg Mankiw's column inSunday's New York Times makesthe case that competition between governments is a good thing, thatit... Read Post
Thanks to U Chicago's Allen Sanderson for sending this along:COSTELLO: I want to talk about the unemployment rate in America.ABBOTT: Good "subject". Terrible "times". It's about 9%.COSTELLO: That many people are out of work?ABBOTT: ... Read Post