Months ago, we wrote a host of entries here about insufficient regulation of the financial system, stemming from what we called ‘market fundamentalism’ (an ideology that sees free markets as […]
Saving the banks is crucial, but the Government is dithering. As so often, Krugman is has a point or two..
We wrote earlier that the only solution out of the crisis is massive money creation by central banks. We don’t think this will bear too many inflationary risks, but some […]
Outsized money creation can salvage the mess, but the bill is rather large. Still, it’s becoming almost unavoidable..
There are numerous arguments in favour, and, when you think of it, not a whole lot against..
Suddenly, capitalism is in flux. The superiority (or at least, perceived superiority) of the Anglo-Saxon free market model has waned. What’s next? Critics of the bail-out and expansionary fiscal policy […]
As much as we dislike personal idolatry, however, we can’t disagree with this. If only because we wrote something similar a couple of weeks ago..
Nouriel Roubini, aka Dr. Doom, was the economist who predicted most of the present mess years ago. He has still something valuable to teach us. Quite a few of these […]
The New York Times is not the only place with the best columist (Paul Krugman and Thomas Friedman). The Financial Times of London, an excellent newspaper, has Lionel Brittain and […]
Funny to see how nobody can deal with the arguments of Paul Krugman, who argues the government is the only party in the economy who can spend enough to prevent […]