Tag Archives | nobel economist

The cause of this recession? Economic pundits ignoring history’s voice | Simon Jenkins

The Queen, reported the Daily Mail, was wearing a speckled cream suit and matching hat. Her Majesty was at the London School of Economics, listening to a professor, Luis Garicano, talk about the credit crunch. “It’s awful,” she said suddenly. “Why did nobody see it coming?” For three years I have pondered the Queen’s question, […]