Over the last thirty years, in parallel with deregulation and the rising power of money in American politics, significant portions of American academia have deteriorated into "pay to play" activities.
Continue Reading The Sellout of the Ivory Tower, and the Crash of 2008 (Excerpt)
In the worst financial bubble in history, nobody committed a crime. It was possible to conceal liabilities, inflate assets, bet against the securities that you sold as totally secure, without committing a single fraud. Isn't that amazing?
Continue Reading Summers Down, Fifty Odd More to Go