Another clueless commentator offering Voodoo economics
Market Fundamentalism strikes again. “The Daily Capitalist” on ZeroHedge has given us a recipe for recovery. It’s actually a recipe for disaster..
How did economists get it so wrong?
Vintage stuff from this year’s Nobel prize winner and one of the best brains around. A wonderful guide to the state of present day (macro)economics. Required reading.
Market fundamentalism
We’ve argued many times on these pages it was the biggest root cause of the financial crisis, the belief that the market is always right, government always the problem, never […]
Incredible nonsense
There are a lot of people in need of some urgent economics101…
Even Obama is in the grips of market fundamentalism
Paul, once again, is absolutely spot on..
Most idiotic article of the day..
Don’t worry. Let it all go. Recessions are self-correcting..
How about this for a market based solution!
The US government, after much dithering and wasting much time, finally comes up with the right solutions (although perhaps not in sufficient quantity, the jury is still out on that), […]
Market fundamentalism is a belief
It’s the main thing that got us into trouble. Unfortunately, market solutions do not seem remotely viable. Pragmatism is needed now, just figure something out that works. This seems to […]