larry summers

Which Way?

February 10, 2010

Today, speaking of the bonuses, Obama says, “I, like most of the American people, don’t begrudge people success or wealth. That is part of the free-market system.” Not that long ago he was calling those bonuses obscene and shameful. Which is it? Larry Summers was in full support of anything that the Wall Street casinos [...]

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Says Who?

December 1, 2009

I saw thousands of sheep on my recent trip to the Highlands of Scotland. Most were just grazing on the hillsides. A few were being herded, by border collies, men or both. If I had more time I would have stopped and asked them if they really wanted to be herded to the slaughterhouse. They, [...]

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Take My Hand

November 3, 2009

Please don’t be offended by the graphic. I am just offering to lead you through a little bit of a jungle where even the self-proclaimed Tarzans are lost. There are many others out there that insist you put your trust in them. They are dangerous in their hubris. They are either economists or other putative [...]

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