Phill Gramm still doesn’t get it, at all..
Guess who wrote this: “I don’t see why conservatives ought to defend a system that permits securitizing mortgages (or car loans) in a way that seems to make the lenders […]
Laffer Curves Not Seductive
When you’re name is attached to an idea, it’s hard to change track. In fact, the incentives are such (especially if you have no other interesting idea anymore) to get […]
Joe the plummer
We wrote a piece in praise of Krugman’s columns earlier today, if you want a real example of his effectiveness, marshalling a few simple economic statistics to dispel much nonsense […]
There is only one Paul Krugman
There are very few people we admire, and even fewer we admire in more than one capacity, in fact, there are only two of these, and the other one has […]
Is the US presidential race over?
A collection of comments. The consensus seems to be that it is, almost..
A curious column from the Wall Street Journal
It’s only an opinion piece and we do not agree with everything that it argues, but we find it very curious to have picked it up from the Wall Street […]
More fiscal stimuli needed to revive the economy
While everybody is clamouring for another interest rate cut one guy keeps his eye on the ball..
Some of these guys just don’t get it..
Markets are powerful and potentially very useful institutions, and the belief in ‘free’ markets is especially strong in the US. But the issue what matters is not whether markets are […]
Krugman on healthcare
Paul Krugman is one of the top economist in the world, but the last decade or so, he ventured into political commentating. His background and independence (his university job ensures […]
Investing in the long-term future
One problem with markets, we just gave an example in the previous entry, is that they tend to rather heavily discount the not so near future. One investor argues for […]