tag:blogger.com,1999:blog-2761684730989137546.post2839144193239104428..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Ann Pettifor — Be angry at bankers, be angrier at economistsmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2761684730989137546.post-7256256334728546002012-06-30T11:20:07.002-04:002012-06-30T11:20:07.002-04:00In the US frontier days, if a con man came to town...In the US frontier days, if a con man came to town and started cheating, they tarred and feathered him and rode him out of town on a rail.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-71128855689070515242012-06-30T05:13:51.673-04:002012-06-30T05:13:51.673-04:00Well I'm so angry I would bypass the legal nic...Well I'm so angry I would bypass the legal niceties. Skewer they sorry asses on a giant pole and roast them over hot coals. Metaphorically or in actual reality... I'm not fussed.<br /><br />For variety I'd alternate bankers with economists and politicians.....seasoning with the odd journalist.Carloshttps://www.blogger.com/profile/13384498650711795107noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-16584629004170571882012-06-29T20:43:46.242-04:002012-06-29T20:43:46.242-04:00Ryan, none of these people admits to being mistake...Ryan, none of these people admits to being mistaken. <br /><br />You know, "Stuff happens."Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-44248120262873710392012-06-29T20:25:37.629-04:002012-06-29T20:25:37.629-04:00It really does seem a gross injustice that no Econ...It really does seem a gross injustice that no Economist suffered any consequence for their ineptitude. <br /><br />If a lawyer did it they would be disbarred.<br /><br />If a doctor did it they would be sanctioned.<br /><br />If they were a banker.. ok bad example.Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-45580766049473724282012-06-29T20:21:42.837-04:002012-06-29T20:21:42.837-04:00Are these guys "losing" the money to str...Are these guys "losing" the money to strategic locations?Unforgivennoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-86660051012415585382012-06-29T19:16:08.693-04:002012-06-29T19:16:08.693-04:00"What artificial lending standard are YOU tal..."What artificial lending standard are YOU talking about?" - Mike Norman, 2006Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-91561104660322420142012-06-29T18:13:43.183-04:002012-06-29T18:13:43.183-04:00Economists - like other people who have been privi...Economists - like other people who have been privileged to study into adulthood and obtain advanced degrees, often at public expense - have a duty to educate. Citizens in a democracy have a duty to educate themselves as well. But for most people with limited time and resources, as a practical matter, self-education in economics means a good faith effort to seek out those people who have been credentialed as expert sources of economic knowledge, and then to read them or learn from them. If those credentialed experts don't know what they are talking about, the the system that produces them and credentials them has failed, and our society's broader educational system breaks down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-48760980572731321532012-06-29T17:31:08.815-04:002012-06-29T17:31:08.815-04:00How about being yet MORE angry at the aloof electo...How about being yet MORE angry at the aloof electorate that allows this iterative nonsense to build up?<br /><br />A foolish population & it's options are soon parted.<br /><br />IN ADDITION to punishing the incompetents from the last wreck, we need to be paying attention immediately to how we train the next batch.<br /><br />Contingency management always goes back to the 3i's<br /><br />Instigators (get the source)<br />Intercept (stop what's in progress)<br />Impact (deal with what's already gotten through)Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-63614862346111553372012-06-29T16:52:55.426-04:002012-06-29T16:52:55.426-04:00There is a video where she is talking too.
she sta...There is a video where she is talking too.<br />she starts about 5:10<br />http://www.youtube.com/watch?feature=player_embedded&v=RnA17QBYBQgAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-51642145245192629042012-06-29T15:25:27.213-04:002012-06-29T15:25:27.213-04:00Excellent. Has anyone noticed over the past few w...Excellent. Has anyone noticed over the past few weeks that there has been a flurry of articles and blog posts by economists defending the successes and integrity of mainstream economics? On DeLong, Thoma, etc. Did the American Economics Association send out some kind of memo to their members to start boosting the profession?Anonymousnoreply@blogger.com