Re:Ask HN: Best book(s) to learn about the basics of economics?
by loganfrederick on Sunday June 27, 2010 @02:09AM
(#1465063)
And yet his son has been considered one of the celebrities of the economic crisis for predicting it so well and profiting from it. The line between crank and brilliant is blurry.
[ Parent
| on HN ]
Re:Ask HN: Best book(s) to learn about the basics of economics?
by frognibble on Sunday June 27, 2010 @02:34AM
(#1465086)
Although his son predicted the crisis, he might not have profited from it. Part of his investment strategy was based on the assumption that the US economy would decouple from the rest of the world. As it happened, foreign investments were also hammered in the crisis.