Wolf, Stiglitz, Krugman – we love these guys! They pushed the world’s governments to undertake huge “stimulus” programs. Of course, the stimulus programs didn’t work. They couldn’t work. All they could do was to disguise the facts and delay the necessary adjustments. But these fellows don’t care about that. They are the technicians, scientists, and [...]
The Invaluable Work of Economic Scientists originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."
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