In the early days of this blog, I posted something about one of my favorite teaching economists, Greg Mankiw. Ironically, we were on different sides of the legality of gambling issue. But we had a nice exchange of emails, and I ended up liking the guy even more.
However, I just saw that he recently posted a TS graph on his blog, here. Doth the Harvard leopard change his spots?
Dr. Mankiw, don't come to the Dark Side; step into the Light! Here are my reasons why futures trading (what the obtuse media call gambling) is good.
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