Posts tagged as:

banking crisis

Twenty Minutes with My Economic Man Crush

July 12, 2011

I am a huge fan of Steve Keen. One might say I have a man crush on him. He leans towards the Austrian school of economics, but he isn’t afraid to slap those ideas around as well. He just loves to tear apart neo-classical economics though. He has a book out that dispels the truths [...]

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The Irish Discover the Pain of Bailing Out Banks

December 5, 2010

Like many countries back in 2008, Ireland bought into the banker’s argument that the world would descend into a world more dangerous than a newscast without the teleprompter if the banks were allowed to fail (my favorite Will Ferrell SNL skit of all time). So, the Irish government backed the country’s largest banks. Now, Ireland [...]

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Love to See an Economist Put in His Place

May 28, 2010

Interesting video from a show where money manager Hugh Hendry puts an economist in his place. Economists are like weathermen IMO. They can be completely wrong, but they can continue to make predictions and listened to so long as they get published, make tv appearances, or look like Paul Krugman. So it was fun to [...]

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