Comments on: A conversation with Richard Posner on Charlie Rose http://www.creditwritedowns.com/2009/06/a-conversation-with-richard-posner-on-charlie-rose.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: Matlock http://www.creditwritedowns.com/2009/06/a-conversation-with-richard-posner-on-charlie-rose.html#comment-56614 Matlock Tue, 16 Jun 2009 13:40:00 +0000 http://www.creditwritedowns.com/2009/06/a-conversation-with-richard-posner-on-charlie-rose.html#comment-56614 In a way he was quite refreshing and expressed a view which you don't hear that often - namely he wasn't sure whether things were going to get better or much much worse. 99% of economists will confidently predict based on their theories either a worsening depression or recovery 4QTR followed by slow growth etc.. He also focused on limitations which again you don't hear that often - both of the ability of the Administration to be determinative of the future economic outcome and of the very real practical difficulties faced by those who have to implement policies which sound simple on their face (eg good bank/bad bank). In a way he was quite refreshing and expressed a view which you don’t hear that often – namely he wasn’t sure whether things were going to get better or much much worse. 99% of economists will confidently predict based on their theories either a worsening depression or recovery 4QTR followed by slow growth etc..

He also focused on limitations which again you don’t hear that often – both of the ability of the Administration to be determinative of the future economic outcome and of the very real practical difficulties faced by those who have to implement policies which sound simple on their face (eg good bank/bad bank).

]]> By: tom hunter http://www.creditwritedowns.com/2009/06/a-conversation-with-richard-posner-on-charlie-rose.html#comment-56613 tom hunter Tue, 16 Jun 2009 04:30:00 +0000 http://www.creditwritedowns.com/2009/06/a-conversation-with-richard-posner-on-charlie-rose.html#comment-56613 i don't see how any hard working judge has time to write forty books while collecting a govt paycheck. i don’t see how any hard working judge has time to write forty books

while collecting a govt paycheck.

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