“ ...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving ou… Steve Keen
“ Financial illiteracy is like being in a rain storm and trying to jump in between the raindrops... eventually it all catches you at the same time. Johnnie Dent Jr.
“ Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon Roger Lowenstein
“ If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties… Tyler Cowen
“ How do you explain to an innocent citizen of the free world the importance of a credit default swap on a double-A tranche of a subprime-backed collateralized debt obligation? He tried, but his English… Michael Lewis
“ Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. Janet M. Tavakoli
