Oct. 16, 2008
An Ivory Tower Thumbs Up
The Wall Street Journal's economics blog surveys some of the nation's top economists about the plan to inject government capital into banks.
The recent market chaos has been good for those who subscribe to a theory that highly unusual events are more common than people normally suppose.
To understand the economic theory that won Paul Krugman his Nobel prize on Monday, read this excellent primer.
By
Bob Greiner
|
October 15, 2008; 7:30 AM ET
Categories:
Neil Irwin's Must Reads
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Posted by: Beau James | October 16, 2008 9:21 AM | Report abuse
I wouldn't wrap a dead fish in a Wall Street paper. A lot of people on Wall Street will not either. They won't have a fish to wrap. It looks like instead of the world being flat, it was just New York going flat. Cities rise and fall. New York City is just a trip. No mercy.
Posted by: Night Mayor | October 17, 2008 1:28 AM | Report abuse
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"You actually reduce your knowledge by consuming news, Taleb argues" So the Post is actually making me dumb? I thought it was all the Scotch I've been drinking. All this time it was You! We're going to need to argue this out.