On Sun, 2009-04-05 at 09:01 -0400, Max B. Sawicky wrote: > I think the idea is they are host to ultra-risky off-balance sheet > activity that > increases financial fragility and the exposure of taxpayers in OECD > countries. > > Plus it's the whole opportunity-in-crisis thing, trying to tap a > revenue source > in a time of pressing need, as you suggest. > > Methinks you are a little harsh with Prof. Rodrik. On balance he's a > positive > influence among the economically correct (sic). In the ranks of > blame-worthy > economists, he's pretty far down the list.
I react to what people say: people can say lots of smart things and that's not a reason not to react when they say something obviously less smart. "Qui aime bien chatie bien" as we say in frogland :). Plus it's a good test to see if Prof. Rodrik is honnest or wether he considers himself above any contradiction. Sincerely, Laurent http://guerby.org/blog _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
