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Tuesday, January 11, 2011

Corruption in The Economics Profession

As you will recall, I dumped a lot of praise on a film called Inside Job. Here is an interview with the director, Charles Ferguson, and you really need to see it. The production is somewhat amateurish, but don't let that put you off. He is able to talk about a lot of things that never got into the film.

He makes three basic points. Wall Street has bought and paid for 1) both political parties, and 2) the economics profession.

You can find the interview at ineteconomics.org/charles.ferguson. When you have watched it, make sure every one you know sees it. The future of the United States is somewhere in that interview.

And then, as poker players say, Read'em and weep.

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