Niall-Ferguson
Counterfactual thinking came to my mind while watching a documentary about the Kennedy clan that ran on public television after Ted Kennedy died. By Harvey Blume When Niall Ferguson is not slugging it out with Paul Krugman about whether deficit spending by the Obama administration will wreck the economy, as he swears it will, or…
Read MoreBy Harvey Blume The Economy Cometh Niall Ferguson, “The Ascent of Money,” Penguin Press, 2008 It’s way past time to utter the dread G word about the economy, the G word being “Godzilla.” The economy as we now experience it, is like the monster in the 1998 American remake: it rises from unfathomable depths before…
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