Plucking A Loose String

Milton Friedman had a notion of something called the "plucking model."  The idea was that recession behavior was similar to plucking on a guitar string:  you pull actual GDP down below potential GDP, but it eventually jumps back up to the potential; in other words, short-run recessions do not alter the long-run fundamentals of an…

Stephen Strasburg, Justin Masterson, and Dusty Baker

Paul Hoynes had an interesting article on Cleveland.com, detailing Justin Masterson's thoughts on the Stephen Strasburg situation. In a nutshell, Strasburg has been told he's got a hard 180 IP limit for this season. He's already at 133.1 innings. At 23 starts, that means about 5.8 innings a start. That gives him eight more starts at…