Monday 13 February 2012

Micro thought to Macro: Lights at Lodges to US and Global Economy

I enjoyed the opportunity to listen to Dr. Larry Summers speak (impressive bio that can be summarized as “smarty pants, economics”).  The U of C Public Policy school brought him up for his thoughts, but as well as an advocate for what well informed, rational, consciously limiting political bias thought can do for a city/province/nation.  Intelligence can be mimicked by deep knowledge of the arcane that others don’t know (which in this case could be economic regurgitation), or by slick delivery (ie. he has no speech artifacts present, nor notes).  Even more impressive was a lighting quick read and adaptation to audience, which indicates less pre-planned delivery and more thinking on the feet.   And needless to mention, the circumstances, thought processes, and outcome guesstimates of the USA were insightful.  And if 90 minutes of that wasn’t enough entertainment, “that which is not sustainable won’t be sustained” and “the US always does the right thing, after exhausting all alternatives” served as the entertaining tag lines to round out the selp deprecating economist jokes at the start.
 

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