Monthly Archives: March 2009

What would a healthy banker say about the the economic crisis?

Posted on March 8, 2009 by admin

After my last few vague ramblings on the economy I wanted to hear what somebody who actually knew what they were talking about thought. I found the ideal candidate: John Allison, former CEO of BT&T Bank (which hasn’t gone broke), speaking for … Continue reading →

Posted in Austrian Economics, Current Events, Personal | 2 Comments

The financial system vs. financial institutions

Posted on March 1, 2009 by admin

Exactly: … what struck me most was Geithner’s repeated conflation of our “financial system” and our “institutions”. Mr. Geither’s unspoken assumption is the fixing our financial system implies ensuring that incumbent troubled financial institutions are “strong”. But that’s not right. … Continue reading →

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