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The Gell-Mann Amnesia Effect

Now, here’s what is surprising: directly after reading this inaccurate, error-riddled report that we know to be seriously flawed, we flip the page, proceed to the next story, forget that these reporters are idiots, and go on more or less taking what we’re hearing or reading at face value.

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The Big Short – FLNWO #32

The Big Short – FLNWO #32

The Big Short purports to tell the story of the housing bubble of the last decade and the subsequent global financial collapse…and it actually isn’t as terrible as you might think. Join James on this week’s edition of Film, Literature and the New World Order as we talk to Robert Wenzel of EconomicPolicyJournal.com about what The Big Short gets right and what it leaves out.

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