Everyone fails the Financial Crisis Inquiry Commission
Gary Karz of Investor Home has put together an annotated compilation of commentaries on the report of the FCIC, almost all of which dismiss as I did here. The report itself is waffle, and not worth the effort of reading it, but some of the commentaries (including those by my colleagues Yves Smith in several posts [A, B & C] and Bill Black) will be worth taking for a spin.
About Steve Keen
I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.
