“If anybody thought we had a pure free market system, they should think again.” - Robert Bruner, Dean of The Darden School of Business at The University of Virginia [h/t Top Gun FP] A number of readers have asked us for our take on the Freddie Mac/Fannie Mae bailout, so here it is. In the financial blogosphere, reactions to events are immediate, if often half-baked; in academia, reactions are thoughtful but take months or even years. We figured…
Sunday, June 29, 2008
Comments Off
Here are some articles of interest we found this weekend. Subscribers, make sure you’re logged in and check out our weekend portfolio update. Also, warning: information and ruminations dealing with ethics, justice, and good governance ahead, so stop reading if you are allergic to any of those things. Michael Greenberger is the most cogent defender of the view that the recent parabolic move in oil prices is due largely to structural factors enabling manipulative speculation. In this…
Tuesday, September 9, 2008
1 Comment