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Markets
David’s weekly update on the financial markets and economy
TARP
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
Bailout Nation a Disappointing Bust
I am not kidding that through the first 120 pages or so of Barry Ritholtz’s Bailout Nation, I was feeling like I may have a new favorite book in this project I have embarked upon regarding the financial crisis of 2008. By the time the book was complete, I am fairly certain this was one ...read this post
The Crisis of Capitalist Democracy
Only a few of the books I have read and reviewed for this series have been written by people that I suspect are not particularly intelligent. Many have been authored by men who possess very different economic worldviews than mine, and nearly all have drawn some conclusions in the process that are different from my ...read this post
