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I liked that book a lot, but loaned it out before I was finished, expecting it back.  Looks like I'll have to buy another copy.  The Brazilian economist Dr.  André Lara Resende made similar claims in a guest column in Wm. Buiter's Mavrecon.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 16th, 2009 at 12:36:54 PM EST
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Geezer's law:
BQ (book quality)=1/ROR (ROR=the rate of return).


Capitalism searches out the darkest corners of human potential, and mainlines them.
by geezer in Paris (risico at wanadoo(flypoop)fr) on Wed Oct 21st, 2009 at 07:56:34 AM EST
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