Tag Archives: PBS

Tyler Cowen, proven wrong on PBS? – [VIDEO]

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Brian Caplan tweeted that the GMU prof was wrong and the MIT prof was right. Is that your personal view? I am not impressed by the futuristic MIT gadgets, as they won&#8217-t necessary correspond to people&#8217-s needs. Hence, I don&#8217-t buy their argument that the real problem is not being capable of &#8220-keeping up&#8221- with the pace of technology. We don&#8217-t care about technology we don&#8217-t need.

Watch the full episode. See more PBS NewsHour.

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Ayn Rands influence on Alan Greenspan is responsible for the 2008 financial crisis.

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Or so is PBS&#8217-s thesis in &#8220-The Warming&#8221-.

Pretty convincing.

ADDENDUM

Wikipedia:

Brooksley E. Born is an American attorney and former public official who, from August 26, 1996 to June 1, 1999, was chairperson of the Commodity Futures Trading Commission (CFTC), the federal agency which oversees the futures and commodity options markets. During her tenure on the CFTC, Brooksley Born warned Congress and the President of the need to regulate financial instruments known as over the counter (OTC) derivatives, but her warnings were disregarded. Lack of regulation ultimately led to the crash of the derivatives market, and helped trigger the economic and financial crisis in the fall of 2008.