Thursday, October 09, 2008

Two from VoxEu

Nicholas Bloom in The credit crunch may cause another great depression:
"It seems ironic that the greed of Wall Street may have inadvertently achieved what millions of well intentioned scientists, activists and politicians have failed to achieve – a slowdown in global warming."
Esther Duflo in Too many bankers?:
"One must hope that the bail-out packages in Wall Street and in Europe do not convince the best and brightest that the financial sector is still their best option."

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