I will be testifying on executive compensation before the House Committee on Oversight and Government Reform. The hearing starts at 11 am with a session with the Special Master for TARP Executive Compensation (love that name), Kenneth Feinberg. I (the humble student of emergent order) will be in the second panel (with William Black of UMKC) so I should come on between 12:30 and 1:30. Or not. There may be a break. You should be able to watch on the web here.
Testifying
Previous post: A Curious Fatality
Next post: Greedy Special Pleading Is Always Ugly



Podcast RSS Feed
Full EconTalk Text





{ 23 comments }
Congrats! Give ‘em hell!
But seriously, “the House Committee on Oversight and Government Reform”? Fox, hen house…
Congrats! Give ‘em hell!
But seriously, “the House Committee on Oversight and Government Reform”? Fox, hen house…
Can someone post what time period Russ shows in the vid?
Can someone post what time period Russ shows in the vid?
How did it go? is there a link to your testimony?
How did it go? is there a link to your testimony?
Russ, I went through the whole video you linked without seeing anyone testifying besides Kenneth Feinberg.
Also – searching for your name on the site only links to a 2001 appearance discussing The Invisible Heart.
Any idea on a link where we can see you? Really looking forward to this if it’s possible.
Russ wasn’t on the video that’s currently posted; he’s on the 2nd panel. If you look carefully, you can see him getting ready to sit down at about 1:21 of the Kenneth Feinberg video. The announcer said they would tape the 2nd panel and show it later; hopefully we’ll be able to see it.
Russ wasn’t on the video that’s currently posted; he’s on the 2nd panel. If you look carefully, you can see him getting ready to sit down at about 1:21 of the Kenneth Feinberg video. The announcer said they would tape the 2nd panel and show it later; hopefully we’ll be able to see it.
Thanks tw. Will keep looking.
Thanks tw. Will keep looking.
Russ, I went through the whole video you linked without seeing anyone testifying besides Kenneth Feinberg.
Also – searching for your name on the site only links to a 2001 appearance discussing The Invisible Heart.
Any idea on a link where we can see you? Really looking forward to this if it’s possible.
Just read the text over on econlog. Excellent! As expected.
OK Russ – what did you write down for Prof. Black at the end of the hearing?
Perhaps he invited him to be a guest on EconTalk…
Perhaps he invited him to be a guest on EconTalk…
Here’s the written testimony:
http://oversight.house.gov/documents/20091028091933.pdf
Here is the whole thing, including the testimony of Black and Roberts:http://groc.edgeboss.net/wmedia/groc/transfer/1…
Russ’s comments begin at 2:03:30
Thanks for the video. My favorite part was Mr Issa’s questions. They amounted to this, IMHO: “I think X, do you agree with me? No? But (go off on some ridiculous string of non-sequiters) don’t you agree with that?”
Great Testimony Russ. Love how you used Hayek. Washington needs to learn more Hayek, maybe we can avoid the cliff if they learn more Hayek.
Well said! The phrase “bull in a china shop” comes to mind…
Great job, Russ! Whether or not you persuaded any of the members of the committee, we need more people willing to speak the plain truth and not hiding behind overly cautious academic language.
I’m still trying to figure out what Black’s solution was, or where he thinks the bad incentives come from in the first place.