Tuesday, 16 February 2010

Guardian Review: Freefall by Jeff Stiglitz

I'm still plouging through 2666, and still constantly on the verge of giving up on it.

I also confess I've started Trollope's DR THORNE, the third of the Barchester novels. I've read the first two I think.

But just for a moment, can we talk about this guy and his book, reviewed in the Guardian. He's a Nobel winning economist, and writing about the financial crisis. What I find hilarious in his analysis is the part where he says that those people doing most of the financial bungling were "third rate graduates from first rate universities." I think that is SO TRUE. Honestly, my recollection of those doing Economics at my university were not that they were the largest brains I knew on campus - just that they were the people most interested in make money. Is it any surprise at all it's all gone totallly tits up? Geez.

Here's the link http://www.guardian.co.uk/books/2010/jan/30/freefall-global-economy-joseph-stiglitz