tag:blogger.com,1999:blog-19649274.post7317969315255492255..comments2024-03-29T12:03:50.891+05:30Comments on The Leap Blog: Understanding the crisisAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-19649274.post-20382380112199032052010-01-08T00:29:05.417+05:302010-01-08T00:29:05.417+05:30Fantastic interview with RR. Thanks!
There's...Fantastic interview with RR. Thanks! <br /><br />There's atleast one smart economist in the house who makes sense to the layman (me). Especially like these two comments: <br /><br />"This is where I think the most damaging statement the Fed could have made was the famous Greenspan doctrine: “We can’t stop the bubble on the way up, but we can pick up the pieces on the way down.” That to my mind made the situation completely <b>asymmetric</b>."<br /><br />"Monetary economists thought credit growth was not an issue that they should be thinking about."<br /><br />The cataract surgery comments quite possibly might have been related to the Aravind eye care network:<br /><a href="http://www.ted.com/talks/thulasiraj_ravilla_how_low_cost_eye_care_can_be_world_class.html" rel="nofollow">TED Talk</a>JBnoreply@blogger.com