17 July 2010

By John Mauldin. I have been writing about The End Game for some time now. And writing a book of the same title. Consequently, I have been thinking a lot about how the credit crisis evolved into the sovereign debt crisis, and how it all…

Paul Krugman wrote a post today regarding MMT called "I Would Do Anything For Stimulus, But I Won’t Do That (Wonkish)." The gist of Krugman's post was to refute Modern Monetary Theory's view on money and deficits. Krugman writes:…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession  (McGraw-Hill, 2009). We wince at congressional ineptitude but in one category…

Upon first reading what I am pasting below, my thesis councillor briskly claimed that this particular piece of text represented a malignant tumor that had to be surgically removed if the patient (in this case, my master's thesis) were to…