Congratulations Alan Greenspan! The former fed chair, who people are hoping will die soon, has won the Dynamite Prize in Economics, which is basically what the Razzie Awards are to the Oscars. Greenspan was awarded the honor as the economist most responsible for blowing up the global economy.
Following Greenspan are Milton Friedman (who “propagated the delusion, through his misunderstanding of the scientific method, that an economy can be accurately modeled using counterfactual propositions about its nature.”) and Larry Summers (who “helped Greenspan and Wall Street torpedo efforts to regulate derivatives.”)
But not economists are bad, some are even “less delusional” and foresaw the crisis. Hence, the RWER Blog is calling for nominations for the inaugural Revere Award in Economics, to “be awarded to the 3 economists who saw the GFC coming, and whose work is most likely to prevent another GFC in the future.” You know that Da Roub will be voting on that one.
Reporter: Mr. Greenspan, what do you have to say now that you have won the Dynamite Prize in Economics?
Mr. Greenspan: $5, foot-long
I caught a musky once, and that is what it looked like when it came out of the water.
-a guy who fishes
Five
Five dollar
Five dollar Greenspan
It’s ca-ca-ca-catching on
At DB
MORE FLAGS, MORE FUN!!!!
I’d hit it.
woah that picture is scary. Screams: ‘I am trying to grab your face.’
@4, FTW!
@4, FTW!
Five…
Five trillion….
Five triliion bail out!….
is he a contestant on “the price is right” in that pic?
once you get the whole fist in there, spread your fingers like this.
And THAT, kids, is how I scored Andrea.
In similar and as relevant news, he will also receive a Nobel Peace Prize.
He’s offering blowies and handys for forgiveness.
And while you’re all focused on the left, the right is having some fun below the equator. It’s an old trick.
14 = Amazing.
Yahtzee!
Curl those fingers inward a little bit, and you’ve got a safecracker.
Well Greenspan was the worst Federal Reserve Chairman and then Ben Bernanke. I was watching old clips of interviews and I saw this one analyst who criticized Greenspan for criticizing foreign policy and she said, “Well at the time we were invading Iraq, Greenspan was lowering interesting rates too low!” That made me chuckle!
However, now, according to Buffett’s right hand man, the demise of the United States is just beginning!
[...] So clever Chris got a rather surprisingly sharp rebuke from Mathew Ingram at GigaOm after writing his guru like article called “The Web is Dead. Long Live the Internet”. Here is the link. Ouch. Perhaps if Chris were a bit more cryptic he would get more respect. After all, that used to work for Alan Greenspan. Here is Alan making a guru like point (from Deal Breaker) [...]
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