The Truth behind the Bailout?

19 01 2009

Paul Krugman’s columns are always enjoyable to read. Very clear, to the point, as well as eloquent and visual. I remember reading one of his books The Great Unraveling: Losing Our Way in the New Century and understanding the unfamiliar political science and economic ideas he presented while at the same time enjoying the read. His recent Op-Ed column in the NY Times tries to explain the workings of the bailout, the fear of nationalization as motivation for the government, and the cost to the tax-payer if we were to have another bailout. For those with minds not economically inclined, like myself, his columns are helpful (as well as the other NY Times, articles) though he does have a leaning towards liberal economics.


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