Steven D. Levitt, author of Freakonomics, had this to say on his blog:
"As an economist, I am supposed to have something intelligent to say about the current financial crisis. To be honest, however, I haven’t got the foggiest idea what this all means. So I did what I always do when something related to banking arises: I knocked on the doors of my colleagues Doug Diamond and Anil Kashyap, and asked them for the answers."
Head over to the Freakonomics blog for an explanation of what's happened with the latest econocataclysm:
http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-the-recent-financial-upheavals/
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- Masked Evangelist
- Always remember that you are absolutely unique. Just like everyone else. -Margaret Mead
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