of bubbles, economic cycles et al
a few weeks ago we had the distinct privilege of listening to prof. sergio rebelo (http://www.kellogg.northwestern.edu/faculty/bio/rebelo.htm) – the tokay bank professor of international finance at the kellogg school of management. i had heard that prof rebelo’s lectures are often packed to the roof and students walk out with a billion lightbulbs lit up in their heads … this was no different. in about 90 minutes he gave us a primer on the recent economic crisis, evaluating the data from various angles including consumer price, home value and other indices … now, here is my question for you … do you buy this New Yorker blurb … I have heard mixed opinions already … do weigh in.
http://www.newyorker.com/online/blogs/johncassidy/2010/02/this-is-what-a-bubble-looks-like.html
