What Standard & Poor’s Got Right
Posted in Main Blog (All Posts) on August 18th, 2011 4:37 am by HL
What Standard & Poor’s Got Right
Nothing in my journalistic experience of credit-ratings agencies inclines me to respect their social and political judgment. Whenever someone from a ratings agency sought to enlighten me on the social-policy implications of New York City’s dire finances in the 1970s…
Brave New World Redux
This is a very long essay. I’m going to post some of it here, but you can read the whole thing at my blog. After Thursday’s stock market crash, we find ourselves staring into the abyss of a potential double-dip…