All Posts Tagged With: "Greenspan put"
Crisis Economics: A Crash Course in the Future of Finance
Nouriel Roubini and Stephen Mihm’s book on the great subprime crisis gets off to a good start by dismissing as a red herring the “tired” argument attributing the boom to “greed” and focusing instead on “changes in the structure of incentives . . . that channeled greed in new and dangerous directions.” These included programs [...]
30Nov2011 | George A. Selgin | 2 comments | ContinuedThe Mystique of Hedge Funds
Hedge funds are controversial these days. Though it’s unlikely that the average citizen or the average congressman could say just what hedge funds do, many are certain they must be reined in by additional regulation because they can—and do—cause widespread damage to our financial system. Almost everyone takes it for granted that regulation of some sort [...]
23Oct2009 | Warren C. Gibson | 1 comment | Continued-
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Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
