Monday, November 17, 2008

Very interesting collection of clips on the economic crisis

Found this on Salon's excellent "How the world works blog". It's a collection of characteristically clueless comments from Fox talking heads sparring with a tireless and prescient Peter Schiff. It is very instructive especially with what should be obvious to everybody by now. I started reading about this impending crash many years ago. Partly because of HTWW but the signs were obvious quite a while ago. Think about this when you listen to any commentator on TV but especially the FOX folks. This also reminds me of an excellent treatise on the failed ideology of supply-side economics in the book "the night is large" by Martin Gardner. Highly recommended if you want to understand many of the current debates on tax policy and such.

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