Bailout Crack
In a knee-jerk reaction to panic and fear over the current financial crisis, the government issued a $700 billion dollar bailout bill last week. Rather than considering the cause of the “toxic loans”...
View ArticleAlan Greenspan is Not an Objectivist
Larry Breinhart of the Huffington Post and Barrett Sheridan of Newsweek are two of many commentators to use Alan Greenspan’s connection to Ayn Rand and Objectivism as a means to prove that Rand’s...
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Campus Media Response: Traders, not Traitors
Writing for The Harvard Crimson, Ms. Sandra Korn points to an interesting phenomenon. A large proportion of Harvard’s recent graduates have chosen to pursue careers in finance such as investment...
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Campus Media Response: Can’t Find a Job this Summer? Take Some Time to Brush...
In an aptly-titled piece in the University of Florida’s Alligator (“As orchestra plays, U.S. economy sinks”), Chris Ceresa reminds college students about the continuing economic stagnation they’ll...
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John Allison’s Unconventional Wisdom about the Financial Crisis
What caused the financial crisis? Here’s one answer, representing conventional wisdom: “[W]e had weak regulation, we had little oversight, and what did it get us? . . . [A] financial sector where...
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