Equivalent advice today would be that governments the world over are doing all the wrong things in bailing out top-heavy banks, subsidizing inefficient businesses, and putting obstacles in the way of rational workers spending more time with their families or taking lower-paid jobs. It reminds me of the interviewer who went to see Robert Lucas, one of the high priests of the New Business Cycle school, at a time of high American unemployment in the 1980’s.
如今类似的建议就是，全世界各国政府拯救那些头重脚轻的银行，补贴没有效率的企业以及阻碍理性的工人们与家人多花一点时间或者接受较低收入的工作，这些都是错误之举。这让我想起了一个去找卢卡斯面试的人。卢卡斯是二十世纪八十年代美国失业高峰时期的新失业周期学派领军人物之一，1995年诺贝尔奖得主。