financial crisis

A SWAPA member who is an economist expressed dismay at the G20’s reaction to the financial crisis in 2009.

Jay : SWAPA : financial crisis

As expected, hmm? Don’t you think that human politics is dysfunctional by nature? The more important the issue, the less nearly possible it is to discuss and manage it rationally.

“You can’t have a spelling mistake in a paper without it being evidence on the floor of the Senate that the system is corrupt.”
—Gavin Schmidt, climate researcher

I don’t think that can be fixed without breaking something big, and fear of breaking stuff is part of the problem in the first place. Do you see what I’m implying? Mind control is economically optimal, so in the long run it’s unavoidable. Submit now!

Original version, December 2009.
Updated and added here June 2011.