i never thought i'd want to hug the man who wrote my econ 101 textbook

[miriamjoyce]

Joseph Stiglitz in Vanity Fair, on the economic meltdown:

The truth is most of the individual mistakes boil down to just one: a belief that markets are self-adjusting and that the role of government should be minimal. Looking back at that belief during hearings this fall on Capitol Hill, Alan Greenspan said out loud, “I have found a flaw.”

Comments

[cold_in_august]

hi, miriam. i'd like to send you & family a holiday card, but i dont' have your address anywhere. rose says they finds the house by sight, so...could you email it to me? thanks!

coldinaugust at bust dot com