Quote of the day - Krugman

I know economics humor is considered to be an oxymoron to many. Still, this was funny.

"Traditionally the role of the Federal Reserve is to act as the stern parent telling financial institutions what they can't do. During Alan Greenspan's reign at the Fed the role switched from stern parent to designated driver. 'No matter how drunk we get, Uncle Alan will drive us home.'"

OK, it didn't seem quite as funny as I wrote it out... but in the middle of a long talk on economics it was hysterical.