European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 22 September | 125 comments (125 topical, editorial, 0 hidden)

Re: Clearing Union here we come (none / 0)

I agree. The question then is: how come the economists who foresaw it did not succeed in being heard, despite the fact that some of them were well-known and had media access? It is a multidimensional problem: political, economic, sociological, psychological and cultural. I pointed to that in this comment. It would require a whole diary.

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Tue Sep 22nd, 2009 at 05:19:58 PM EST
[ Parent ]

Re: Clearing Union here we come (none / 1)

The real problem is that those who sounded warning still subscribed to the panglossian view that the market is the best of all possible worlds, even if it is out of balance.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Tue Sep 22nd, 2009 at 05:32:14 PM EST
[ Parent ]

Re: Clearing Union here we come (none / 0)

Which, in a sense, is why the technical concerns they raised did not have the full value of warnings.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Sep 23rd, 2009 at 11:16:53 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 22 September | 125 comments (125 topical, 0 editorial, 0 hidden)

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