Kevin Murphy's Take On Stimulus

Kevin Murphy, a University of Chicago professor (faculty website) is another guy with a lock on a Nobel Prize.

His short Powerpoint presentation about the stimulus package has been making the rounds on the internet, and is worth reading.

This is from an excellent panel discussion on the stimulus package held at the University of Chicago, and featuring professors Murphy, Huizinga (another potential Nobel Prize winner), and Robert Lucas (the 1995 Nobel Prize winner). Click here for the video.