Yeah, murder of the US economy. The title of Joseph Stiglitz new paper is The Anatomy of a Murder: Who Killed America’s Economy? The title seems to be based on this 1959 movie and Stiglitz declares the murderer as US Banks.
It has interesting para titles:
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The Main Protagonists (Banks and Investors)
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Accessories to the Crime (Credit Rating Agencies, Mortgage Brokers, Regulators
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Credentialed Accomplices (Economists 
)
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Rebutting the Defense
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Defending the Innocent
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Politics and Economics
Though I haven’t seen the 1959 movie, on reading the paper it was much like this 1974 movie-
Murder on the Orient Express. In Murder on the Orient Express, there are multiple murderers and even in this US economy Express, we have multiple murderers. Even in the movie the murderers explained their innocence and rebuttals were given, But Poirot was too smart, and so is Stiglitz. Therefore I have kept the title of the post as Murder on US economy express.
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This entry was posted on 31/08/2009 at 5:15 pm and is filed under Academic research & research papers, Economics - macro, micro etc, Economist, Financial Markets/ Finance, Policy. You can follow any responses to this entry through the RSS 2.0 feed.
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01/09/2009 at 5:40 pm |
[...] is murder on the US economy express after all By Amol Agrawal When I wrote this post recently, I didn’t know my ideas would match with Charlie Bean of Bank of England. In his recent [...]