Tag Archives: Greg Mankiw

Fannie, Freddie and the Credibility GAAP

Accounting humor: What’s the definition of an accountant? Someone who solves a problem you didn’t know you had in a way you don’t understand. What’s an auditor? Someone who arrives after the battle and bayonets the wounded. What are Generally … Continue reading

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Morality and Globalization

Perception: Globalization may have been oversold. We are beginning to see unanticipated problems which should give us pause. Economic Reality: The idea behind Globalization – defined as the increased integration of the world’s economy – is that resources should be … Continue reading

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