| Given how much less respect and deference economists get on most policy topics, relative to docs, physicists, or generals, I'm surprised to see some economists just got away with this sort of thing. The US has given top government economists, such as Paulson and Bernanke, well over a trillion in mostly blank checks to spend saving their Wall Street friends from ruin, supposedly to prevent another great depression. But it seems economists looking today at the data available then just can't find clear evidence a massive buyout was needed. |