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Jeff Van Campen's on-line life laid out before you in all its terrible splendor.
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March 25 2011
October 21 2010
Johann Hari: A colder, crueller country – for no gain - Johann Hari, Commentators - The Independent
"It can't be coincidental that this is being done to us by three men – Cameron, Osborne, and Nick Clegg – who have never worried about a bill in their lives."It's as if Johann Hari has been eavesdropping on the conversations Joanne and I have been having in our living room.
May 01 2010
October 12 2009
October 2009: Donald L. Barlett and James B. Steele on the U.S. Treasury | vanityfair.com
But once the money left the building, the government lost all track of it. The Treasury Department knew where it had sent the money, but nothing about what was done with it. Did the money aid the recovery? Was it spent for the purposes Congress intended? Did it save banks from collapse? Paulson’s Treasury Department had no idea, and didn’t seem to care. It never required the banks to explain what they did with this unprecedented infusion of capital.How Did Economists Get It So Wrong? - NYTimes.com
Unfortunately, this romanticized and sanitized vision of the economy led most economists to ignore all the things that can go wrong. They turned a blind eye to the limitations of human rationality that often lead to bubbles and busts; to the problems of institutions that run amok; to the imperfections of markets - especially financial markets - that can cause the economy's operating system to undergo sudden, unpredictable crashes; and to the dangers created when regulators don't believe in regulation.May 20 2009
January 08 2009
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