Bernanke, Summers and Geithner say that we can’t let the giant banks fail, because – without them – the economy will be starved of credit and we will be plunged into a depression.This isn’t true.Says Who?If we really needed the giant banks, the followi…
Posts Tagged ‘economist’
World’s Top Energy Economist: Peak Oil in 2020
Dr. Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris, which is charged with the task of assessing future energy supplies by OECD countries, told the Independent:The public and many governments app…
PhD Economist: Fed has Caused Soaring Unemployment, Millions of Foreclosures, Millions Losing Life Savings and More than $6 Trillion in Lost Output
In endorsing the bill to audit the Fed, PhD economist Dean Baker wrote last week:The country now has almost 25 million people who are unemployed or underemployed as a result of the Fed’s disastrous policies. Millions of people are losing their homes an…
In conversation with Jeffrey Sachs
Fortune‘s Stanley Bing: Does Economics Have a Future?
This week the Economist offered a spirited defense of the profession for which it is named.
Charles Warner: The Economist Eats the WSJ’s Lunch
Because there is so much information available on the internet free and because more and more people are using the internet as their main source…
Roubini: Economic Recovery To Be ‘Very Ugly’
Nouriel Roubini, the economist whose dire forecasts earned him the nickname “Doctor Doom”, told CNBC Monday that the economic recovery is going to be “very ugly.”
“The recovery is going to be subpar,” Roubini said. “I see a one percent growth…
Economist: “The Fevered Activity at Goldman Is a Sign of Lingering Economic Illness, Not Economic Health”
PhD economist Robert Kuttner points out that Goldman’s health shows the economy’s sickness:The financial sector has not yet returned to health, despite outsized profits (and bonuses) reported by the likes of Goldman Sachs. This is the kind of purely fi…
Dennis Whittle: The Evolution of Economics
One economist leading the effort to define that new paradigm is Andrew Lo, of the Massachusetts Institute of Technology, who sees merit in both…
Electronic Arts Overcharged Madden Gamers Up To $926 Million: Economist
A University of Michigan economics professor estimates that Electronic Arts collectively overcharged Madden buyers between $701 million and $926 million during the years 2006 through 2009.
Dr. Jeffrey MacKie-Mason made his claim in a document…




PhD Economist: The Feds are Worse than the Mafia
Eliot Spitzer’s comment that the Fed is a “ponzi scheme” is newsworthy.But even more dramatic is PhD economist Marc Faber’s comment:The Feds are worse than the Mafia.See this.Print this post