He seems to intend this post to be entirely unironic. This is actually meant to be serious. No economist who's been teaching as many years as Russ has should write something like this. No student should write something like this.
This man is going on C-Span this weekend to talk to the public about Keynes, Hayek, and the recession. That's incredibly disheartening.
Comparative advantage: a partial truth
4 hours ago