I am reading and enjoying Simon Johnson and James Kwak's 13 Bankers. Like a lot of recent stuff (including an OECD report), it takes a swipe, if a mild one, at the virtues of homeownership. If people think homeownershipp is overrated, I can live with that (even if I disagree with it. Where I [...]
I was sloppy in characterizing Mark's comments about Gene Sperling. He writes: I think this misstates what I have said. I posted something defending Sperling, and the claim that "their grounds are basically that he is a protege of Robert Rubin and that he took money to work (essentially) as a consultant for Goldman Sachs." [...]