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| Home Front Economy |
| Nobel Economists Offer First Aid for Global Economy |
| 2008-11-15 |
| Bottom line, they haven't got a clue. Stiglitz comes the closest with his negative analysis of the IMF, but then steers off into lala land with his recommendation for a new global reserve currency. It is sad to read the incoherence of Samuelson and yet his introductory economic textbooks still form the basis for most Eco 101 courses. |
| Posted by:tipper |
| #3 Well Al Gore won the Nobel Peace Prize for something that has nothing to do with peace. I guess some of these Nobel Laureates in economics can spout off theories that may or may not have much to do with the financial crisis we are currently dealing with. Unfortunately most of them as well as our Congress Critters who spend our money with great abandon will continue to have their job. |
| Posted by: Bill Angains8020 2008-11-15 19:41 |
| #2 Everyone pay attention now because some guy with a nobel is going to start talking out of both sides of his mouth and his a$$ at the same time. It's really quite amazing to watch. |
| Posted by: gorb 2008-11-15 06:43 |
| #1 I forgot what I was going to say. |
| Posted by: Enver Pherens2580 2008-11-15 06:10 |