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marx is by far the most important economist in history.
To be fair, TCM has a rather accurate prognosis of capitalism. However, its prescriptions are worse than the disease.
Nevertheless, we do not really need economists. All we need is more hedge funds to arb the market.
I would say George Soros is the most outstanding econo-philosopher in the 20th Century.
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With home prices falling and subprime mortgages resetting, there will be growing pain among those who have used non-traditional financing to purchases their homes in recent months. As compassionate bloggers, we should seek to comfort them with emotional support. We need them to understand that hope is still within sight and the American Dream is still reachable.
Let's formulate a plan to show our warm hearts.
Note: We should still oppose any form of bailout because that would interfere with Free Market.
-Anonymous
#housing