Saturday, March 14, 2009

Critical Thinking

As one who supposedly teaches critical thinking and advocates that students learn to calibrate their BS detectors, I recommend Jon Stewart's interviews with stock market charlatan Jim Cramer as required viewing.

It is very difficult to not be cynical about efficient market theories, quantitative financial analysis and market economics in general when we all suffer from the gigantic check-kiting scheme that was substituted for sound financial practice over the past ten years.

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