Leigh Caldwell on his Knowing and Making blog, provides some analysis of How Much Blagojevich SHOULD have asked for? After all, how much is a U.S. Senate seat worth? And what is the discount for the risk of discovery?
We've all grown pretty accustomed to obfuscation, and outright lying from our political leaders and other's trying to sell us something. So which economists should we trust when it comes to understanding our current financial crisis with all the money being handed out? Need help? Check out the Economist Rankings at IDEAS. Let's see, Paul Krugman is ranked 15th. Nuriel Roubini is 403rd! (Hmm, maybe I'd better stop listening to him.) Larry Summers is 12th. Good. Glad I don't have to worry about that anymore! I forgot to mention, Joseph Stiglitz is ranked number one.
One more voice I want to recommend is that of Jeffrey Sachs. I particularly liked his article on the American Anti-Intellectual Threat, published in September on Project Syndicate.
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