Not getting it

In a fine example of not understanding radically changed new circumstances, French economists have managed to convince the Sarkozy administration to subsidize purchases of new automobiles, to “stimulate” the “economy”.

Great.

Economists will try anything to put Humpty together again, and who knows, maybe they will have succeed for a little while, but we had better start thinking about a what a post-Humpty economy looks like instead. [more]