Charles Krauthammer: Detroit, like Greece, fell victim to Stein's Law
What You May Have Missed
By Charles Krauthammer
Published: Sunday, July 28 2013 12:00 a.m. MDT
If there's an iron rule in economics, it is Stein's Law (named after Herb, former chairman of the Council of Economic Advisers): "If something cannot go on forever, it will stop."
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