TOGETHER OVER THE CLIFF
In a recent blog post, The Age of the Anti-Cassandra, Paul Krugman bemoans the inclusion on Hillary Clinton’s proposed panel to solve the sub-prime crisis those who, like Alan Greenspan, architected the fucked-up mess in the first place.
Same dynamic regarding Iraq.
In his little rant, Krugman provides a 1931 utterance of John Maynard Keynes:
Same dynamic regarding Iraq.
In his little rant, Krugman provides a 1931 utterance of John Maynard Keynes:
A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.
I’m so glad Professor Krugman is again available on the New York Times website for free!
----- o -----
No comments:
Post a Comment