About - Tuesday 07 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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Must-read of the day - Friday, 17 July 2009
And how the discipline should change to avoid the mistakes of the past
OF ALL the economic bubbles that have been pricked, few have burst more spectacularly than the reputation of economics itself (...)
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