{"id":641521,"date":"2010-01-25T02:00:30","date_gmt":"2010-01-25T07:00:30","guid":{"rendered":"http:\/\/kempton.wordpress.com\/?p=9230"},"modified":"2010-01-25T02:00:30","modified_gmt":"2010-01-25T07:00:30","slug":"why-economists-have-so-little-to-say-about-the-crisis","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/641521","title":{"rendered":"Why Economists have so little to say about the crisis?"},"content":{"rendered":"<div class='snap_preview'><\/p>\n<p>HT to my blog friend <a title=\"http:\/\/spontaneousorder.blogspot.com\/2010\/01\/why-economists-have-so-little-to-say.html\" href=\"http:\/\/spontaneousorder.blogspot.com\/2010\/01\/why-economists-have-so-little-to-say.html\" >Gary<\/a> for a link to Nobel Economist <a title=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" href=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" >Jim Buchanan<\/a>&#8217;s June 19, 2009 talk on &#8220;<strong><a title=\"http:\/\/www.youtube.com\/watch?v=stRnqPZd3ko\" href=\"http:\/\/www.youtube.com\/watch?v=stRnqPZd3ko\" >Why Economists have so little to say about the crisis?<\/a><\/strong>&#8220;<\/p>\n<p>Quoting\u00a0<a title=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" href=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" >Wikipedia<\/a>,<\/p>\n<blockquote>\n<p>&#8220;<a title=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" href=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" >Buchanan<\/a>&#8217;s work initiated research on <strong>how politicians&#8217; self-interest and non-economic forces affect government economic policy<\/strong>.&#8221;<\/p>\n<\/blockquote>\n<p>Note: I don&#8217;t know how much can or will I agree with <a title=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" href=\"http:\/\/en.wikipedia.org\/wiki\/James_M._Buchanan\" >Buchanan<\/a> but it is probably worth a watch.<\/p>\n<p><span style=\"text-align:center; display: block;\"><a href=\"http:\/\/kempton.wordpress.com\/2010\/01\/25\/why-economists-have-so-little-to-say-about-the-crisis\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/img.youtube.com\/vi\/stRnqPZd3ko\/2.jpg?w=780\" alt=\"\" \/><\/a><\/span><\/p>\n<p>Posted in Economics, investment, Nobel-Prize, united states, World, World Affairs  <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gocomments\/kempton.wordpress.com\/9230\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/comments\/kempton.wordpress.com\/9230\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godelicious\/kempton.wordpress.com\/9230\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/delicious\/kempton.wordpress.com\/9230\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gostumble\/kempton.wordpress.com\/9230\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/stumble\/kempton.wordpress.com\/9230\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godigg\/kempton.wordpress.com\/9230\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/digg\/kempton.wordpress.com\/9230\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/goreddit\/kempton.wordpress.com\/9230\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/reddit\/kempton.wordpress.com\/9230\/\" \/><\/a> <img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" border=\"0\" src=\"https:\/\/i0.wp.com\/stats.wordpress.com\/b.gif?w=780\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HT to my blog friend Gary for a link to Nobel Economist Jim Buchanan&#8217;s June 19, 2009 talk on &#8220;Why Economists have so little to say about the crisis?&#8220; Quoting\u00a0Wikipedia, &#8220;Buchanan&#8217;s work initiated research on how politicians&#8217; self-interest and non-economic forces affect government economic policy.&#8221; Note: I don&#8217;t know how much can or will I [&hellip;]<\/p>\n","protected":false},"author":780,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-641521","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2GT7","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/641521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/780"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=641521"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/641521\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=641521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=641521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=641521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}