Archive for April, 2010
Despite this last fact, Prof Buiter is an interesting economist. Although coming from the mainstream tradition, he is an independent thinker and pragmatic analyst who isn’t afraid to follow his analysis to unexpected conclusions. In the course of his lecture and in conversation afterwards, it seems he isn’t too constrained by his current corporate role. I hope he will forgive me for reproducing his thoughts here as accurately as I can. Read the rest of this entry »
There’s more nonsense about the UK fiscal position around – most of it emanating from the Conservatives and their manifesto. The latter document is appallingly selective with the statistics – they are really setting themselves up for a fall. Here’s an excellent dose of common sense from Kansas City.