From Mars and Venus: Markets vs. Economics People

Well that was something. On a day when there is already a strange hothouse atmosphere around the Federal Reserve’s policy statement and Ben Bernanke’s afternoon news conference, there was a long, often tense exchange on CNBC just now between Rick Santelli, the network’s sometimes-bombastic correspondent (recall that it was one of his rants that launched the tea party movement), and Jon Hilsenrath, chief economic correspondent at The Wall Street Journal.