Here. He says this Doonsbury comic is full of bad economics.
I can think of one thing he might be thinking of, but given the context offered by the comic strip (i.e. - that it's job creation at a particular private equity firm) I don't think that particular complaint really works that well. It seems like pretty good economics to me, even if you approach it from the most cynical of public choice perspectives.
Any thoughts on what Steve is thinking of? Am I missing something obvious? Anyway - undergraduates go ahead and give it a shot.
Quantitative Easing and Monetary Aggregates
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