The Long Run Blog

Critical Thinking on Money, Finance, and Economics

Lake Woebegone part I

Lake Woebegone refers of course to Garrison Keillor’s fictional location in Minnesota. Keillor has been in the news lately, apparently recovering from a stroke and providing a reasonable opportunity to highlight the Lake Woebegone Effect (henceforth “LWE”). In fictional Lake Woebegone, “all the women are strong, all the men are good-looking, and all the children are above average.” Read more »

September 14, 2009 Posted by | Markets, Quote, Lore, Wisdom | , , | Leave a Comment

   

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