Economic thought

With the U.S. stock market acting like the malleable oracle we forget it is, a few reads on economic behavior I found useful.

Buffett tells it like it is. Will Congress actually listen?
Don Peck’s book excerpt in The Atlantic suggests not (has to be the least possessing lead I’ve seen in a major publication in some time, but grit your teeth and keep reading — it gets more interesting).
Nouriel Roubini proclaims that capitalism is dead. Why he’s invoking Marx instead of Schumpeter one can only guess.

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