Wednesday, April 30, 2008

NLR essay on subprime and financialisation

There's a new essay by Robin Blackburn on subprime and financialisation which is in the current edition of New Left Review, which can be read online here. He's right to point the finger at the complicity of quants and dodgy and obscure quantitative techniques which have turned out to be nothing more than sleight-of-hand.

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