Take the money and…

The New York Times’s Gretchen Robertson reflects such a political reaction when she describes how an “irreverent friend” thought TARP referred to “The Act Rewarding Plutocrats”.

Akerlof and Shiller, Animal Spirits, 2009

Why run when you can just sit and wait for more? Nice govvy, nice govvy, let’s see the money… oooh… nice!

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