Wednesday, October 27, 2010

Who caused the 2008 financial crisis



Paul Krugman, New York Times, August 2nd, 2002




For his great contributions to the economy in 2008, Paul Krugman received the 2008 Nobel Memorial Prize in Economics.

The Keynesians will never learn the lesson. It's up to the others to learn their lesson and to treat Keynesianism on par with an infectious disease.

Via Peter Cresswell



Off-topic: Prague Orloj



The 600th anniversary of the Prague Astronomical Clock: a cool 10-minute light show.