Posts Tagged ‘funding’

Mishkin on Iceland

August 28, 2010

Prof. Frederick Mishkin wrote a paper on Iceland’s financial stability, lauding Iceland’s financial system shortly before its collapse. In this short video (about 2 min., part of the upcoming documentary Inside Job) he explains why the paper does not mention that Mishkin was paid $ 124.000 to write the paper, and how the title changed from “Iceland’s financial stability” to “Iceland’s financial instability”. Definitely worth a look!