Did Financial Rules Mandate a Meltdown?

() A libertarian look at the current pay kerfuffle for financial services companies suggests regulating executive compensation will not produce healthier capitalism. Full Story »

Posted by J Sinclaire - via Miller-McCune
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Posted by: Posted by J Sinclaire - Oct 22, 2009 - 4:21 PM PDT
Reviewed by: J Sinclaire (review)
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4.6
by J Sinclaire - Oct. 23, 2009

An interesting look at the libertarian political philosopher Jeffrey Friedman's take on who caused the financial meltdown (hint: government). I disagree with most of the things he states, for the same reason I disagree with most libertarians. The theories they spout make sense but only if you don't take reality into the equation. They base assumptions on a world I don't think really exists, because they only look at a small part of an issue and stop there. However, it's an ... More »

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