Bloomberg Radio "Taking Stock" appearance with Paul Krugman, Rob Johnson, and Bob Massie
I am not sure just how aware most investors are re the crisis in economics, but if my experience conducting events throughout the US is any indication, a very large gap exists between what investors - and even most investment professionals - think they know about economics and what really happens in that world.
Economics may be called the "dismal science" but a failure to appreciate the driving forces behind political power and its use of economic theories such as "expansionary austerity" is to be engaged in what could easily be called "dismal investing".
In case you missed the February 5 discussion with Paul Krugman, Rob Johnson (Institute for New Economic Thinking), and Bob Massie (New Economics Institute), the interviews are available as follows:
To hear the segments, click here!
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