Gekko

AS YOU know, Paula Jones’s lawyers have asked all women who have had sexual relations with Bill Clinton to come to Washington to give depositions. They’re calling it the Million Woman March.

I went down to D.C. myself just the other week to go to a Cato Institute monetary conference. Apart from the mud-wrestling between the proponents of floating rates and the gold-standard advocates (X-rated), the featured event was Alan Greenspan’s address. I’ve been listening to Greenspan for years, but it was only this time that I came to fully appreciate his style. Folded in between the monotonous vanilla custard of Central Banker Speak are surprisingly large helpings of ground glass. The speech to the Cato gathering had two targets that I could detect: my old friend Mohammed Matathir, the prime minister of Malaysia, and Myron Scholes, a fellow econometric geek who had just won the Nobel Prize in economics. Matathir, of course, took some strokes of the splitbamboo cane for his attempted evasion of responsibility for his country’s financial problems.

JD

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John Dizard

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AS YOU know, Paula Jones’s lawyers have asked all women who have had sexual relations with Bill Clinton to come to Washington to give depositions. They’re calling it the Million Woman March.

I went down to D.C. myself just the other week to go to a Cato Institute monetary conference. Apart from the mud-wrestling between the proponents of floating rates and the gold-standard advocates (X-rated), the featured event was Alan Greenspan’s address. I’ve been listening to Greenspan for years, but it was only this time that I came to fully appreciate his style. Folded in between the monotonous vanilla custard of Central Banker Speak are surprisingly large helpings of ground glass. The speech to the Cato gathering had two targets that I could detect: my old friend Mohammed Matathir, the prime minister of Malaysia, and Myron Scholes, a fellow econometric geek who had just won the Nobel Prize in economics. Matathir, of course, took some strokes of the splitbamboo cane for his attempted evasion of responsibility for his country’s financial problems.