http://www.youtube-nocookie.com/v/GTQnarzmTOc?fs=1&hl=en_US Fight of the Century: Keynes vs. Hayek Round Two! In which the 20th century’s two most famous left & right-wing economists throw down and battle in the boxing ring while dropping mad rhymes on each other’s asses. (Source: http://www.youtube-nocookie.com/) Continue reading
The first most substantial subject missing from the debate over how to overhaul Wall Street is how to address the fucked up incentives of its biggest enablers – the ratings agencies. Writing in The New York Times, economist Paul Krugman explains that: The rating agencies began as market researchers, selling assessments of corporate debt to … Continue reading Is financial reform going to be a kabuki dance?
Like most people who are suffering through this recession because of the truly spectacular avarice of the top 5% of income earners, I’m really, really interested to see what sort of power the US government even has to prevent such rigged, distorted markets from reoccurring and f*cking us all in the collective ass again. Felix … Continue reading Regulate this?!