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Markets
David’s weekly update on the financial markets and economy
financial crisis 2008
More Money than God is More Interesting than Most Books You Will Read All Year
In a lot of ways this book review does not belong in my series on the financial crisis of 2008 because well over 350 pages of the 500-page book have nothing to do with the financial crisis itself. But in one very important sense this book is extremely important to the aftermath ...read this post
Goldman Sachs Done Wrong in Long Form
It is not exactly newsworthy that some people blame Goldman Sachs for some pretty silly things. The initial hit-piece on Goldman Sachs came in a trendy rock n’ roll magazine, of all places. I have defended Goldman Sachs before, and believe this reply to the aforementioned nonsense in Rolling Stone covers a lot ...read this post
Gambling with Other People’s Money
Dr. Russell Roberts at George Mason University (the finest economic hub in the country) has written a delightful piece on the real causes of the financial crisis. The observation that greed and stupidity do not help to explain the crisis since greed and stupidity have always been with us (and always will be with us, ...read this post
Keynesian Economics and the Ash-heap of History
This is the first time in my review series on the financial crisis of 2008 that I am doubling up by covering two books in one review. On the other hand, neither of these books are specifically about the 2008 crisis either, though neither of them would have come out if it were not for the ...read this post
