Belinda Luscombe, writing in Time describes George Akerlof as "more liberal than his wife [Janet Yellen]" and then goes on to quote Akerlof as saying "Our lone disagreement is that she is a bit more supportive of free trade than I."
Methinks that would make Yellen more liberal than Akerlof.
How have we come to the point where the less
liberal position is described as the more liberal position? That the
word 'liberal' has become so corrupted that it is now used to mean the
very opposite of liberal?
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