Wednesday, September 30, 2009

"Financial systems are accidents waiting to happen."


Check out this book review by Martin Wolf (I think he's the best economics pundit writing today) of the new book This Time Is Different: Eight Centuries of Financial Folly: "This time will never be different." Even if you will never read the book, it is worth reading the review for a distillation of its lessons. I wish I had time to read this book right now...

No comments:

Post a Comment