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Keyword: akerlof

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  • Big thinkers still stumped on global economic crisis

    04/22/2013 10:02:42 PM PDT · by haffast · 33 replies
    BBC ^ | 21 April 2013 Last updated at 19:05 ET | Andrew Walker
    More than five years after the onset of the financial crisis, you might have thought economic policy makers would know what to do next. Well they don't. Or at the very least, there is nothing like the kind of consensus that prevailed before the financial crisis. The International Monetary Fund (IMF) has been hosting a conference on rethinking economic policy, organised by four experts in the area, including the IMF's own chief economist. One of the other organisers - the Nobel Prize winner George Akerlof of the University of California - had a vivid analogy for the state of uncertainty...
  • Even Liberals Know How to Loot

    10/23/2003 8:13:27 AM PDT · by Dr.Syn · 2 replies · 23+ views
    dansargis.org ^ | 10/23/03 | Dan Sargis
      Even Liberals Know How to LootOctober 23, 2003 Paul Krugman has found his muse; a gaggle of pragmatically-challenged economists.  In an op-ed for the New York Times (aka The Upper Westside Pravda), Krugman questions the fairness of giving tax breaks to those who actually pay the taxes.  Why be subtle? Krugman aims his big gun at the economic heart of America’s real middle class...those who pay taxes.  His dumdum ammunition is Nobel economist George Akerlof et al.  A critique of Krugman’s trajectory (hopefully we won’t give the surprise ending away) reads something like this, “Except for loving themselves, liberals hate...