archive

The age of turbulence

From Newsweek, at a time of new uncertainty, a look at Alan Greenspan legacy (and an interview and an excerpt). Margaret Mead in a Pinstriped Suit: Alan Greenspan discovers that human beings are... irrational, and says that the removal of Saddam Hussein had been "essential" to secure world oil supplies (and more and more and more of The Age of Turbulence, and two interviews). The first chapter from The Politics of Economic Leadership: The Causes and Consequences of Presidential Rhetoric by B. Dan Wood. From Mute, a series of articles on Living in a Bubble: Credit, debt and crisis. Dealing with "sympathetic bias": The real estate sector may not heretofore have been a standard chapter in the story of manias, panics and crashes. Henceforth, though, it is sure to be.