Wednesday, November 26, 2008

Comment on Friedman Article


12.
November 26, 2008 6:21 am
Link
Too bad you can't point to any reporting over the last few years by the NYT or the WSJ on a par with the article mentioned (yes, I read it too...with disgust...but hardly "shocked disbelief"). We did have Professor Doctor Krugman, but I don't recall your vigorous support for him. You think all this is something new? I suggest you and some others re-read (or, for most of you read) Charles Francis Adams' "Chapters of Erie." When I took securities regulation in law school, it was a small book the professor recommended to those who could not see why the "free-market" needed to be regulated. It makes better reading than certain "flat earth" gibberish.
— M. Johnson, Chicago

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