Yves Smith of the popular Naked Capitalism blog talks with Robert Miller of the Telegraph about her recently released book that, apparently, doesn’t paint the world’s economists in a very flattering light – ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism.
I’ve always thought of mainstream economists (i.e., not the Robert Shiller or Dean Baker types) as being the unwitting accomplices of Wall Street and Washington, oftentimes providing the intellectual cover for doing things that, as should be clear by now, not only aren’t in the nation’s best long term interests but that are quite destructive.











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Libertarians do not believe “there should be no rules”. What a crock.. nonsensical on it’s face. I turned the video off at that point.