That is a brilliant summary. Not enough people make the connection to Rome in my opinion. I know it's hip to compare the US to Rome but it is actually borne out in the history. At least in my opinion.
Great idea by Mr. Buffet. Similar to Brazil's balanced budget laws, btw.
"Once a social or economic measure is turned into a target for policy, it will lose any information content that had qualified it to play such a role in the first place."
Great idea by Mr. Buffet. Similar to Brazil's balanced budget laws, btw.
Next up: funny ways of counting GDP ;-)