Archive for Potpourri

Potpourri

* Here is Nouriel Roubini explaining that laissez-faire capitalism has failed. I’m not sure how the Federal Reserve (which caused the boom) or the trillions in bailouts and other rescue moves (which caused/exacerbated the financial panic) qualifies as laissez-faire. But beyond that quibble, I love how Roubini lists all of the things that can go […]

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Potpourri

* NASA scientist James Hansen has declared that Obama has four years in which to save the planet (from manmade climate change). I don’t see what the rush is. As Dr. Hans Zarkhov (formerly at NASA) can attest, the last time the fate of the planet was at stake, the hero waited until there were […]

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Potpourri

* Here is David Henderson’s funny disassembly of Peggy Noonan’s Obagaga. * In bad news for David and others who advance the savings glut hypothesis, Chinese bankers call them gangsters. (HT2 Tim Swanson) * Peter Schiff rips stimulus. * John Whitehead uncovers some apparent math mistakes in the job creation calculations for the Obama-Biden stimulus […]

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Potpourri: 1/3 Information, 2/3 Narcissism

* Blackadder recommended this Russ Roberts podcast with card-carrying Keynesian Steve Fazzari. I highly recommend it as well. Fazzari is so confident that he tripped up Roberts at one point (and I confess, I was momentarily befuddled as well). Roberts didn’t go in for the kill, either because he didn’t want to make the guy […]

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