"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Tuesday, January 22, 2013
When the next crisis comes, you'll hear lamentations for the 1930s all over again.
Saying the repeal of Glass-Steagal caused the financial crisis of 2008 is a dead ringer showing a lack of depth of understanding.
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