Mercury Rising 鳯女

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All you need to know about the finance/economics establishment

Posted by Charles II on December 17, 2012

Gavin Kostick as presented by John McHale explains the different schools of modern finance/economic theory (via Krugman):

[Scene: A spacious drawing room in Frankfurt. A patient is strapped to a table. M Drachet in attendance, plus admirers]

M Drachet: Our diagnosis for this fellow is an excess of partying, too much of the punch-bowl, a surfeit of humours, grass corpulence and a palpable debt overhang. Our remedy? Leeches!

[Enter Mr deKrugman, a plain talking Yankee]

(continues)

This entry was posted on December 17, 2012 at 9:34 am and is filed under economy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “All you need to know about the finance/economics establishment”

  1. MEC said

    December 17, 2012 at 12:16 pm

    The essence of that vignette:

    But if we tried something new and it proved better, why our reputation for competence would be in tatters

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