Vernon Smith on the housing bubble, Adam Smith, and libertarianism — [VIDEO]
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Tag Archives: financial crisis
FORECASTING THE ECONOMY: Keynesian Economics vs. Austrian Economics – [VIDEO]
The 2 videos are designed to convince you that the Austrians’- economic predictions are more accurate for use laser rangefinder -Laser Rangefinder for hunting.
The first video has an intro in French, sorry for that, but the rest of the video is in English (with French subtitles).
Keynesians’- forecasts (featuring Ben Bernanke and Paul Krugman) vs. Austrians’- forecasts (featuring Ron Paul and Peter Schiff):
Nassim Taleb says we will have soon another crisis that will make the current one looks like a picnic. – [VIDEO]
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Michael Lewis on Imus
Michael Lewis on CBS 60 Minutes: How the capitalism was almost destroyed by the capitalists in the Fall of 2008 – [VIDEO]
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Part 2:
Felix Salmon review of Michael Lewis’-s book, “-The Big Short”-.
French bozo economist David Thesmar is hiding his 2007 Op-Ed that stated that the financial crisis wont happen.
David Thesmar is a man of minutiae. He runs a website at his glory that lists any paper, book or editorial he has penned. Except for one.
Our French smart ass co-wrote an Op-Ed in July 2007, titled, “-The mega-crash won’-t happen”- [PDF file]. Just everything in it was wrong, as the authors were defending the same rotten financial mechanisms and lack of regulations that generated the 2008 financial crisis.
Conveniently, this Op-Ed is not listed on his website —-while all the other ones are. David Thesmar knows only one way to cover his ass —-hide things under the carpet. How courageous.
French bozo economist Augustin Landier is hiding his 2007 Op-Ed that stated that the financial crisis wont happen.
Augustin Landier is a man of minutiae. He runs a website at his glory that lists any paper, book or editorial he has penned. Except for one.
Our French smart ass co-wrote an Op-Ed in July 2007, titled, “-The mega-crash won’-t happen”- [PDF file]. Just everything in it was wrong, as the authors were defending the same rotten financial mechanisms and lack of regulations that generated the 2008 financial crisis.
Conveniently, this Op-Ed is not listed on his website —-while all the other ones are. Augustin Landier knows only one way to cover his ass —-hide things under the carpet. How courageous.
Economist Paul Krugman speaking at MIT about the 2007-2010 financial crisis – [VIDEO]
How Paul Volcker will save the world
The specific points at issue are ownership or sponsorship of hedge funds and private equity funds, and proprietary trading — that is, placing bank capital at risk in the search of speculative profit rather than in response to customer needs. Those activities are actively engaged in by only a handful of American mega-commercial banks, perhaps four or five. Only 25 or 30 may be significant internationally.