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Economics and the economy

Quote:  “I am more and more of the opinion that Keynes is a scientific charlatan, and his followers not even that.” – Oskar Morgenstern

Submitted by bsfootprint on Thu, 02/23/2012 - 08:54
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Oskar Morgenstern, in his diary, April-May 1942

Quote: 

Economists simply don't know what science means. I am quite disgusted with all of this rubbish.—I am more and more of the opinion that Keynes is a scientific charlatan, and his followers not even that.

Who Said It?: 
Oskar Morgenstern
Quote Source Links: 
http://cas-courses.buffalo.edu/classes/psc/fczagare/Game%20Theory/Handouts/From%20Parlor%20Games%20to%20Social%20Science.pdf
http://www.jstor.org/pss/2729025
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The high-velocity vote pump

Submitted by bsfootprint on Thu, 02/09/2012 - 10:29
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How do U.S. politicians buy votes? This video provides a pretty good overview.

http://www.youtube.com/watch?v=u24nH03NccI&feature=player_embedded

Via: market-ticker.org

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Kyle Bass on the coming economic 'restructuring'

Submitted by bsfootprint on Wed, 12/14/2011 - 22:28
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Three must-see interviews with Kyle Bass. Bass tells us why the European economic union must default and will not survive, among other things.

The other two are on Business News Network, but cannot be embedded. You'll have to watch them on BNN.com, and you should do so.

Betting on a Collapse, Part 1

Betting on a Collapse, Part 2

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