archive

Economists and other prophets

Warren Buffett has redefined the idea of value investing — but will its principles survive his inevitable passing? (and more). A review of The Sages: Warren Buffett, George Soros, Paul Volcker and the Maelstrom of Markets by Charles Morris (and more). Brian Matthews on economists and other prophets: It hasn't been a good millennium for prophets. Economics is in crisis — it is time for a profound revamp. Has Keynesian economics been proven wrong now that it has been put to the test? An interview with Robert Skidelsky, author of Keynes: The Return of the Master (and more). Joseph Stiglitz predicted the global financial meltdown, so why can't he get any respect here at home? (and more on the two Joseph Stiglitzes). Is progressive economist Jared Bernstein an influential White House player — or just the token lefty? Jonathan Chait on what the right wing really thinks about inequality. From Too Much, everyday American citizens actually pay a higher share of their incomes in total taxes than super rich Americans; if we really do want to be more healthy, we need to become more equal, and taxing the rich would move us ever so neatly in that direction; and a review of Richard Wilkinson and Kate Pickett's The Spirit Level: Why More Equal Societies Almost Always Do Better.