Discussing the Fundamental Price of Money.
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Posts from — July 2009

A Time to Blame or a Time for Humility?

Robert Samuelson, (who in full disclosure was a former neighbor) writes in the Washington Post today blaming economists for misreading the current crisis, failing to give proper warning. Instead, they were “out to lunch”.

In my opinion, a more thoughtful, introspective, and productive piece on the same subject was written some SEVEN months ago by Martin Wolf of the Financial times.

Judge for yourself.

July 6, 2009   No Comments