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This is just silly - here we have someone lecturing us about economics who describes herself as a "Rogue Economist" - so are we expected to buy this analysis be
by glimmung 13y ago
This is just silly - here we have someone lecturing us about economics who describes herself as a "Rogue Economist" - so are we expected to buy this analysis because she is an orthodox economist (which is how it reads), or because she is a "rogue economist"?
More significantly, the line "While we may dislike the government’s regulation and intervention into financial markets, their oversight prevents moral hazard and rampant fraud." is just laugh-out-loud funny - we've seen PLENTY of moral hazard and rampant fraud in orthodox financial markets, on a scale which is simply mind-boggling in comparison to anything happening at Mt.Gox.
- interstitial 13y agoClearly, it's a new paradigm. It's different this time.
- red12ooster 13y agoHere here! I also didn't like her cheesy stock images in the article.