The Convulsions of Political Economy

Excellent George Magnus.

UBS-ByGeorge_The Convulsions of Political Economy2011!08!16

via Zero Hedge


  1. As he says, the idea that inflation is our friend will get a cold reception.

    But he's surely right.

  2. Selectricity says:

    Loved that note. Magnus was just on Benzinga Radio discussing the piece; the audio of the segment is here:

  3. Thoughtful macro analysis on our collective complex adaptive system. A bit dense, but well worth the time to become informed. Thanks!