The Necessity of Choosing Sides The guerilla wins if he does not lose. The conventional army loses if it does not win. –Henry Kissinger What does Kissinger’s famous maxim about guerilla warfare have to do with Barack Obama and Wall Street? That in every great engagement, there are always two battles being waged: the real...Read More
“Who’s Who” Discussion of Financial CrisisBest read of the weekend: a roundtable called “The Crisis and How to Deal With It.” Participants are a “who’s who” of finance and public policy: Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, and George Soros. Warning: their (quite sober) analyses are not for the easily spooked or faint...Read More
