Stefan Heidenreich on Wed, 12 Nov 2008 15:27:40 +0100 (CET)


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<nettime> Obama's Transition Economic Advisory Board: No change, no hope


good article, giving an overview on the staff behind Obama's economy 
policy to come...
http://blogs.ft.com/maverecon/2008/11/no-change-no-hope-obamas-transition-economic-advisory-board/#more-358

No nice outlook, just to quote the headlines:

They're old!
Too few serious economists!
Far too many lawyers!
They are protectionist!
They are the unalluring faces of past failures!

And willem Buiter is someone to take serious. At the last meeting of 
National Bankers at Jackson Hole he confronted the whole bunch with some 
nasty truths about their business.


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