Recommended Reading

Stiglitz Article Deconstructs Financial Mess

It’s still early for a postmortem, but an article by Joseph Stiglitz, “Capitalist Fools,” is one of the best pieces I’ve seen so far dissecting the current financial mess:

http://www.vanityfair.com/magazine/2009/01/stiglitz200901

Stiglitz was a senior economic advisor in the Clinton Administration, a Nobel laureate (economics), and is simply an outstanding writer and thinker. Most important of all, he’s on a very short list of “wise men” — Warren Buffett, Paul Volcker, and John Bogle come to mind — whose integrity is beyond reproach.