3.05.2009

The market fundamentalist school of falsification

This is the implied accusation leveled by Michael Perelman at EconoSpeak:

Right now in some of the most important right-wing think tanks of the country, well-paid hacks are churning out definitive histories of the current crash. Obviously, market forces are part of the solution rather than the problem. We can agree with many of them that the Federal Reserve played a role.

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