Testifying

by Russ Roberts on October 28, 2009

in Politics

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.

Comments

{ 23 comments }

Randy October 28, 2009 at 2:00 pm

Congrats! Give ‘em hell!

But seriously, “the House Committee on Oversight and Government Reform”? Fox, hen house…

Randy October 28, 2009 at 2:00 pm

Congrats! Give ‘em hell!

But seriously, “the House Committee on Oversight and Government Reform”? Fox, hen house…

SteveO October 28, 2009 at 7:55 pm

Can someone post what time period Russ shows in the vid?

SteveO October 28, 2009 at 7:55 pm

Can someone post what time period Russ shows in the vid?

NCzop October 28, 2009 at 8:14 pm

How did it go? is there a link to your testimony?

NCzop October 28, 2009 at 8:14 pm

How did it go? is there a link to your testimony?

Anonymous October 28, 2009 at 8:30 pm

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.

tw October 28, 2009 at 8:46 pm

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.

tw October 28, 2009 at 8:46 pm

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.

Anonymous October 28, 2009 at 9:04 pm

Thanks tw. Will keep looking.

Anonymous October 28, 2009 at 9:04 pm

Thanks tw. Will keep looking.

Anonymous October 28, 2009 at 8:30 pm

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.

Randy October 29, 2009 at 1:14 am

Just read the text over on econlog. Excellent! As expected.

sspiller October 29, 2009 at 2:02 am

OK Russ – what did you write down for Prof. Black at the end of the hearing?

Anonymous October 30, 2009 at 2:19 am

Perhaps he invited him to be a guest on EconTalk…

Anonymous October 30, 2009 at 2:19 am

Perhaps he invited him to be a guest on EconTalk…

Dave October 29, 2009 at 2:08 am
Anonymous October 29, 2009 at 2:12 am

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

dullgeek October 29, 2009 at 6:12 am

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?”

Justin P October 29, 2009 at 4:04 am

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.

Name October 29, 2009 at 4:28 am

Well said! The phrase “bull in a china shop” comes to mind…

Anonymous October 29, 2009 at 4:46 am

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.

Anonymous October 29, 2009 at 6:32 am

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.

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