"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Wednesday, December 31, 2008
Friday, December 26, 2008
The Economic News Isn't All Bleak
"We may be in for a long slide. But there are also reasons to think the economy could rebound quickly."
Thursday, December 25, 2008
Bankruptcy Is the Perfect Remedy for Detroit
"Washington hates the idea because it would lose leverage.
Wednesday, December 24, 2008
Tuesday, December 23, 2008
Bernanke Is the Best Stimulus Right Now
"A zero interest rate isn't the last weapon in the Fed arsenal." by Robert Lucas
Sunday, December 7, 2008
Nassim Taleb Says Portfolio Theory is `Hogwash'
Nassim Taleb Says Portfolio Theory is `Hogwash'
Nov. 7 (Bloomberg) -- Nassim Taleb, author of ``The Black Swan: The Impact of the Highly Improbable,'' talks with Bloomberg's Tom Keene and Ken Prewitt about quantitative finance, the failings of business schools and his investment strategy.
Nov. 7 (Bloomberg) -- Nassim Taleb, author of ``The Black Swan: The Impact of the Highly Improbable,'' talks with Bloomberg's Tom Keene and Ken Prewitt about quantitative finance, the failings of business schools and his investment strategy.
Time Q&A with Nassim Nicholas Taleb
Bestselling author Nassim Nicholas Taleb continues his exploration of randomness in his fascinating new book, The Black Swan, in which he examines the influence of highly improbable and unpredictable events that have massive impact. Engaging and enlightening, The Black Swan is a book that may change the way you think about the world, a book that Chris Anderson calls, "a delightful romp through history, economics, and the frailties of human nature."
Charlie Rose: A conversation about economics with Nassim Taleb
Amazon.com Review
Bestselling author Nassim Nicholas Taleb continues his exploration of randomness in his fascinating new book, The Black Swan, in which he examines the influence of highly improbable and unpredictable events that have massive impact. Engaging and enlightening, The Black Swan is a book that may change the way you think about the world, a book that Chris Anderson calls, "a delightful romp through history, economics, and the frailties of human nature."
Bestselling author Nassim Nicholas Taleb continues his exploration of randomness in his fascinating new book, The Black Swan, in which he examines the influence of highly improbable and unpredictable events that have massive impact. Engaging and enlightening, The Black Swan is a book that may change the way you think about the world, a book that Chris Anderson calls, "a delightful romp through history, economics, and the frailties of human nature."
Charlie Rose video: A conversation with Pete Peterson
An hour with Pete Peterson, co-founder and senior chairman of The Blackstone Group. Peterson will give $1 billion to his new foundation, the Peter G. Peterson Foundation, to help solve some of the country's biggest economic problems. He discusses how he sees the current economic crisis, sovereign wealth funds, and his relationship with Blackstone co-founder and CEO, Steve Schwarzman.
Economists Have Abandoned Principle
"Twelve months ago nobody could have imagined government interventions we now take for granted."
Tuesday, December 2, 2008
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