Tuesday, January 29, 2013

Srinivas Raghavendra on Credit Rating Capitalism

Here is an interesting paper by Srinivas Raghavendra on how the current crisis has led to the consolidation of orthodoxy as the dominant paradigm, and the role of credit rating agencies.

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Inflation, real wages, and the election results

Almost everybody these days accepts at face value that the result of the election was heavily determined by negative perceptions about Biden...