Saturday, December 19, 2009

Economic Perspectives from Kansas City

Interesting blog here.

Some highlights: "Bernanke made a theoclassical economist, Patrick M. Parkinson, the head of Fed supervision. The future essay will show that this long-time Fed economist has a track record of failure because of his fundamentalist beliefs in the gospel of anti-regulation and resultant naïve beliefs that "sophisticated" market participants are impervious to fraud."

"Theoclassical" economist! That's my new favorite word...

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