The grasshopper wins, and Greg Mankiw’s grandmother would be “shocked and appalled” all over again
Statistical Modeling, Causal Inference, and Social Science 2013-03-15
Summary:
Given Grandma Mankiw’s hypothetical distaste for Sonia Sotomayor’s spending habits (recall that Grandma “would have been shocked and appalled” by the judge’s lack of savings), I expect she (the grandmother) would be even more irritated by the success of Sotomayor’s recent book: Now that Sotomayor has a ton of money coming in, in addition to [...]