Cafe Hayek » Half empty

Half empty

Posted By Russ Roberts On June 7, 2009 @ 11:14 pm In Financial Markets | Comments Disabled

Pessimism on financial markets and the economy from a New York Times op-ed ^[1]. Superb. Long but worth reading the whole thing. The first point about salaries strikes me as unnecessary because there is so much caution right now. The rest is fantastic.

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[1] a New York Times op-ed: http://www.nytimes.com/2009/06/07/opinion/07cohanWEB.html?_r=1

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