Free markets aren’t free

Barry Ritholtz at the Washington Post explains the financial crisis for you, here.

Here’s the take-home phrase:

The previous Big Lie — the discredited belief that free markets require no adult supervision — is the reason people have created a new false narrative.

And thanks, DickG., for the link.

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4 responses to “Free markets aren’t free

  1. One of my Facebook friends said that every time she reads about unregulated capitalism, she thinks of kudzu.

    http://www.google.com/imghp?hl=en&tab=wi&q=kudzu

  2. I think that the crazies haven’t found this site yet.

    When they do, I’m sure we will be informed that not only is the currently system slanted in favor of those wealthy folks in charge of most companies a good thing for America. But also that anybody who doesn’t have a job or doesn’t have enough money set aside, is a lazy jerk

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