As I provided a detailed analysis of the National Accounts release yesterday, today, I am writing less via the blog and am shifting the Wednesday music feature to Thursday. That makes sense. Today, I am bemoaning the creation of the Bank of Goldman Sachs, formerly known as the Bank of England. Groupthink seems to plague this institution. And then, to restore equanimity, we have a music tribute to Lee ‘Scratch’ Perry who died in Jamaica this week....Bill Mitchell – billy blog
The Bank of Goldman Sachs at Threadneedle Street
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
1 comment:
“ As the crisis approached during 2007 and 2008, ”
How do you know that the crisis was approaching? What measurements are you using? The good ole’ “Stability creates instability!” ?
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