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The problem that "financial analysis in the public interest" shares with things like, say, looking for a cure for cancer, is that it is much less profitable (in the short term) than financial analysis for wealthy gamblers.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Sun Mar 8th, 2009 at 07:00:38 AM EST
[ Parent ]
There is no problem with that which cannot be solved by confiscatory taxation of wealth.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Mar 8th, 2009 at 07:23:14 AM EST
[ Parent ]
Beat me to it.

And, long overdue.

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Sun Mar 8th, 2009 at 07:32:04 AM EST
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