I just came across a cool little thought experiment courtesy of this article outlining the Fed's current dilemma in setting interest rates.
The experiment referred to is Newcomb's Problem - it's been around for years, it would seem, but it's new to me. I think the author above does a good job of explaining it but here's a Wikipedia link to it too.
I think I'd probably take both boxes.
Tuesday, September 13, 2005
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