[ExI] "This American Life" on global credit crisis
stathisp at gmail.com
Tue Oct 14 06:13:02 UTC 2008
2008/10/14 Max More <max at maxmore.com>:
> Damien: If that's what Lee said (I'm behind on those posts), then he's
> right--as *part* of the cause. Certainly more regulations are the answer
> only to the most bone-headed statist observer.
> It's very disturbing to see otherwise smart people continue to blame the
> greedy capitalists for acting within the context of incentives distorted by
> idiotic government policies.
What happened to the outraged bankers who complained about being
forced to enter into these risky loan agreements prior to the current
crisis? Did the government somehow silence them?
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