| Blog Review 734 |
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| Written by Netsmith | |
| Tuesday, 30 September 2008 | |
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Because Warren Buffett wants something, is that a sufficient reason that we should give it to him? Yes speculators can indeed move prices up and down: but then that is exactly what we want speculators to do. The unintended consequences of regulation in markets: maybe PETA should campaign against rent control? And more effects of regulation upon markets and more unintended consequences. OK, but just exactly what should we be doing in future then? Bono says that we should all invest in Africa. Well, yes, but says development economist specialising in Africa. And finally, now that we can't short sell financials, why are financials still going down in price?
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