Jamal Awil

← Never Let a Serious Crisis Go to Waste

It was less representative of the full economics profession than it was more intently. [fact]

If there was a consensus inscribed in the Squam Lake documents, it was less representative of the full economics profession than it was more intently slanted toward codification of the minimum that the banking sector could get away with in the tense political aftermath of the debacle of the crisis, rather than any serious attempt to rethink the financial sector from the ground up.

Philip Mirowski, Never Let a Serious Crisis …, loc. 539