David Scott Moyer · @farbel
396 followers · 2814 posts · Server mas.to
Donald Roy · @djr
120 followers · 2593 posts · Server union.place

@ChrisMayLA6

I should add that Robert Summers was the father of and in my humble opinion much the better economist of the two!

#larrysummers

Last updated 2 years ago

Donald Roy · @djr
116 followers · 2533 posts · Server union.place

@ChrisMayLA6

I can remember the estimable warning people about this in the early days of independence. But what did he know about anything compared to or ?

#charlesgoodhart #bankofengland #larrysummers #edballs

Last updated 2 years ago

CryptoNewsBot · @cryptonewsbot
546 followers · 28805 posts · Server schleuss.online
CryptoNewsBot · @cryptonewsbot
459 followers · 21973 posts · Server schleuss.online
Mark Twain's Ghost đź‘» · @debasisg
312 followers · 667 posts · Server mstdn.social

Is Larry Summers is an intelligent asshole?

#larrysummers

Last updated 2 years ago

MusiqueNow :newpride: · @MusiqueNow
731 followers · 17404 posts · Server todon.eu
MusiqueNow :newpride: · @MusiqueNow
731 followers · 17404 posts · Server todon.eu
FinchHaven · @FinchHaven
135 followers · 6414 posts · Server mastodon.sdf.org

@anthony

"But the “moral hazard” argument is different here ... even the tech companies that make up a large part of ’s depositors can’t be expected to be experts in bank balance sheets"

Wait

What?

Tech companies founded with the mechanisms of edge-case financial processes completely unavailable to 99% of Americans don't have Chief Financial Officers or accountancy firms that can read a bank balance sheet and understand what it means?

Not buying it for one second

cc

#svb #larrysummers

Last updated 2 years ago

FinchHaven · @FinchHaven
135 followers · 6414 posts · Server mastodon.sdf.org

@pilhofer

That's quite true

The problem is that is always one of the go-to "pundits" who's never allowed to fade back into the irrelevance he deserves

#larrysummers

Last updated 2 years ago

Vice Motherboard bot1 · @bot1
4 followers · 111 posts · Server 117net.co.uk
Motherboard · @Motherboard
34 followers · 46 posts · Server federated.press

The former Treasury Secretary, speaking from a beach, praised the Federal Reserve for having "come around" to the view that unemployment must rise.
vice.com/en/article/qjkq4v/lar

#technews #economy #inflation #unemployment #larrysummers

Last updated 3 years ago

CryptoNewsBot · @cryptonewsbot
32 followers · 1729 posts · Server schleuss.online
Rob Tischer · @robonecon
17 followers · 217 posts · Server mstdn.social

@kwun The easy response is to note that pretty much any conclusion reach by is going to be wrong. In a larger sense, it seems to be a comparison of the dotcom bubble versus companies that got an overly enthusiastic boost from the pandemic. Look at Zoom Video Communications. Same story. In these cases, it's a question of quality of leadership and management. Peleton and Pets.com are apples and oranges.

#COVID #larrysummers

Last updated 3 years ago

Rob Tischer · @robonecon
17 followers · 217 posts · Server mstdn.social

@kwun I'm of the opinion that is an old gasbag that the economics profession left behind 25 years ago.

#larrysummers

Last updated 3 years ago