Read this from Harry Markovitz, Nobel Laureate. Without transparency in risk and pricing of assets, nothing else matters.
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"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
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About Me
- Randall Parker
- I am a Professor of Economics at East Carolina University in Greenville, NC. My research focuses on macroeconomics and economic history in general and the economics of the Great Depression in particular. I have authored two books, Reflections on the Great Depression and The Economics of the Great Depression: A Twenty-First Century Look Back at the Economics of the Interwar Era and edited The Seminal Works of the Great Depression. I am currently working on my fourth book Interwar Historical Antecedents of Modern Inflation Targeting and I am the co-editor (with Robert Whaples) of The Handbook of Major Events in Economic History and The Handbook of Modern Economic History. I have also traveled the country giving speeches on the state of the macroeconomy and other economic issues to many trade and business associations. When I am not thinking about the economy I am either chasing ducks, handicapping horses or arranging a fine dining experience. Lastly, the opinions expressed on this blog are mine alone and do not reflect upon East Carolina University in any way or manner, in whole or in part, now and forever more under the canopy of heaven.
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2008
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November
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- Randay Parker Hall of Fame: The 1976 Philadelphia ...
- Horse racing's lighter side.
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- Obama is picking very excellent economists.
- Joe Jihadi has a bad day: Part III
- Friedman explains why government spending has prob...
- Sunday is meant for football. Randy Parker Hall of...
- Hey all you bow hunters out there...you ain't diddly.
- Then Vouchers for all, Right?
- Look at the picture...you don't need a Ph.D. in Ec...
- Randay Parker Schmuck Hall of Shame: Eliot Spitzer
- Financial Markets are not as bad as they seem. The...
- This is a great video to explain what went on...ma...
- Randay Parker Moron Hall of Fame: Wilbur Mills
- I'm the funny economist right? So, how about a lau...
- I can't believe this is even being talked about. D...
- This is why we love kids! Transparency 101.
- Ben Bernanke and Lessons from the Great Depression
- Sunday is meant for football. You have to watch this!
- Duck season is upon us. Let's have some fun!
- Randy Parker Hall of Fame: W. Douglas McMillin
- Duck season is upon us. Watch this guy...
- Hey all you investors out there, you need to read ...
- I really like this guy...but here he gets it wrong.
- Randy Parker Hall of Fame: Moses Abramovitz
- Let's help out the little guy too!. What's wrong w...
- Happy Veterans' Day: Duty, Honor, Country
- Let us count the ways.
- Randy Parker Hall of Fame: Bobby Hull
- RIP Thoroughbred Racing.
- How do you say what Dick Cheney said to Pat Leahy ...
- Ben Bernanke as a high schooler gearing up for tod...
- Get out the SPF 50 boys and girls...sunlight and t...
- Any even half-way decent horse player would see a ...
- Hey buddy, come here and rub this lamp.
- I dare you to read and understand this article.
- Cry for Argentina Part II...More silliness from ou...
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- Randy Parker Hall of Fame: Mr. Ed.
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Labels
- Alumni/Advancement Council Scholarship Golf Tournament (7)
- April Fools (1)
- Bailouts (12)
- Barney Frank (8)
- Beauty (6)
- Bubbles (1)
- Cars and Trucks (5)
- Charles Krauthammer (3)
- China (1)
- Class Warfare (1)
- Cool Video (56)
- Debt and Deficits (16)
- Deflation (8)
- Dogs (35)
- Economic Growth and Advancement (58)
- Economics of Health Care (55)
- Entitlement 800 pound Gorilla in the corner (15)
- Europe (32)
- Financial Markets (61)
- Fiscal Policy (71)
- Football (15)
- Foreclosure/Subprime (46)
- Foreign Policy (28)
- Funny Stuff (83)
- General Economics (12)
- Gold Standard (13)
- Government Bologna (10)
- Great Depression (28)
- Hall of Fame (22)
- Henry Waxman (2)
- Horse Racing (47)
- Hunting Fun (19)
- I saw it coming. (2)
- Immigration (1)
- Important Dates in History (7)
- Income Distribution (1)
- Inflation (12)
- Investing (8)
- Joe Jihadi has a bad day (27)
- Lessons (7)
- Milton Friedman (5)
- Monetary Policy (119)
- Moron Hall of fame (5)
- Nancy Pelosi (5)
- Nice Guys (3)
- Nobel Prize (1)
- North Korea (2)
- Patriotism (7)
- Politics (5)
- Poverty (2)
- Presidential Trends (3)
- Property Rights Crimes (4)
- Public Speaking (3)
- Recession (36)
- Recovery (8)
- Religious Rubbish (1)
- Schmuck Hall of Shame (4)
- Stupid stuff (1)
- Taxes (35)
- The Distribution of Income (4)
- The Midas Touch (1)
- Thought for the day (1)
- Trade (17)
- True Wisdom (5)
- U.S is going to become France (16)
- Unemployment (14)
- Utter nonsense (23)
- Video Blogs (29)
- Vouchers (6)
- War on Terror (25)
- World Oil Markets (16)
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