wnyc.org / 93.9fm / am 820

Comments

• [1] George from Bay Ridge November 04, 2009 - 03:08AM

  What does Mr. Ferguson think of the ongoing events in China and their combined spending and holding of US treasuries? How is the Chinese financial system different from the European or American experience?

  
  
• [2] ebun from fort greene November 04, 2009 - 07:42AM

  What about the future the money at least in its paper form, will that soon become obsolete, giving way to electronic transactions?

  
  
• [3] Phil Henshaw from Washington Hts November 04, 2009 - 01:40PM

  Niall, You're overlooking how many natural system economies resolve their growth crisis,.. by reaching a durable stability at the peak of their vitality, rather than remaining forever unstable. It's both about a "bio-mimicry" of observed uncontrolled market processes in nature, ...and that pesky little bit of hidden JM Keynes, his very well reasoned solution for the sustainability of capitalism at climax. See my blog notes for various things www.synapse9.com/blog and http://www.synapse9.com/issues/NaturalEconsLtr.pdf

  
  
• [4] Nolan from Manhattan November 04, 2009 - 01:44PM

  I'm not sure which "post-Marxists" Leonard or Mr. Ferguson are reading, but I know of no one who is predicting the immanent collapse of capitalism. If anything the bailout is consistent with the trajectory of capitalism over the history of crises. What needs to be reiterated, the real message of Marxists I'm reading, is that these crises are endemic to capitalism and they come in various scales every 15 years or so. "The assent of Money" was published to much greater effect in 1867 under the title "Das Kapital."

  
  
• [5] adair from brooklyn November 04, 2009 - 01:50PM

  please ask Niall Ferguson, if investing in stocks and real estate are not considered "diversifying" what is?

  
  
• [6] kp from new jersey November 04, 2009 - 01:51PM

  What else is a middle class American to do except own a home free and clear and save some money in a 401K? Where else should we put our money? They've taken our pensions and degraded federal bonds to zero interest.

  
  
• [7] Ro from SoHo November 04, 2009 - 01:57PM

  Following Leonard's parenthetic comment on pronunciation we Brits say 'a-SCENT' with the emphasis on the secod syllable.