Wednesday, January 23, 2008

A Great Martin Wolf Column

Even though I think Martin Wolf has drunk too much 'saving glut' kool aid, I enjoyed this article by him. He makes the point that the different perspectives on the causes of the recent financial turmoil each have a unique perspective on the matter and should not be dismissed out of hand. I agree and hope Martin will follow this thinking in his future discussions of global economic imbalances.

The Financial Turmoil is Like an Elephant in a Dark Room
Financial Times

No comments:

Post a Comment