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Why Elizabeth Warren is Wrong

I’ll be clear: I like Elizabeth Warren. While overseeing TARP as chair of the Congressional Oversight Panel, she made the following comments: To restore some basic sanity to the financial system, we...

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Empiricism in Economics

It has long been held that there are two kinds of economics: Rationalist economics: starting out with theses about philosophy, money and reality (etc) and using logic and reason to reach conclusions...

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Will Warren Buffett Bail Out the World?

According to Buffett: No. From Bloomberg: Berkshire Hathaway Inc.’s Warren Buffett, who has sold most of his company’s holdings of European sovereign debt, said his firm isn’t interested in helping to...

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