Mittwoch, 20. November 2013

Minsky und Wile E. Coyote

So eine Fußnote muss man erst mal im QJE unterbringen.

" But at some point this attitude is likely to change, perhaps abruptly—an event known variously as the Wile E. Coyote moment or the Minksy moment. (FN: For those not familiar with the classics, a recurrent event in the Warner Bros. Road Runner cartoons is the point when Wile E. Coyote, having run several steps off a cliff, looks down. According to the laws of cartoon physics, it’s only when he realizes that nothing is supporting him that he falls. [...])"
Respekt!

(Der Aufsatz ist übrigens auch dann lesenswert, wenn man sich nicht für Cartoons sondern für "depression economics" interessiert.)

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