February 2, 2009

Bank Nationalization, with Simon Johnson and Arnold Kling

Good, reasonably level-headed discussion of the pros and cons of bank nationalization via NPR with Simon Johnson and Arnold Kling: Live Chat: Should U.S. Nationalize Banking System? [Note: I have an advisor/investor relationship with CoverItLive.]...

Readings 02/02/09

U.S. savings rate in December zips up to 3.6% from 2.8% (BEA) YES WE CAN!! have a global depression if we really continue to work at it… (FT/Buiter) Soros: The game changer (FT) Shocked by Soros's poor grasp of...

The Doomsday Argument -- The Markets Version

We're all going to die soon. And global GDP is a trainwreck. Really. Let me explain via the Doomsday Argument (DA). For those of you not familiar with the Doomsday Argument, it goes something like this: Imagine two urns, one...

First, We Kill All the Economists

Watching various economists and their fellow travelers talk past, through and in elliptical and opaque orbits around one another on economic stimulus packages is depressing. Examples? Okay. Here from the last few days are economists Paul Krugman and Tyler Cowen...
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