Thursday, September 18, 2008

Freakonomics Dude Explains Current Financial Crisis in Small Words

What the USA is going through right now in terms of financial upheaval can be confusing and difficult to digest. Steven D. Levitt, of Freakonomics fame, admits to fogginess about the crisis as well and has looked to a few colleagues, Douglas W. Diamond and Anil K. Kashyap, to explain it to us plebeians. I highly recommend that you read the article now so that you can sound smarter than everyone else at this weekend's end of summer cocktail parties.

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