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By Hedegaard | May 11, 2010
Steven Horwitz har skrevet et ganske godt indlæg om efterspillet af krisen.
What’s good for capitalists is often NOT what’s good for capitalism, not to mention the long-term well-being of most of the citizenry. Yes, I’m happy my TIAA-CREF will be doing better, but I’m far more concerned that we continue to bailout the short-sighted, immature behavior of our European counterparts. At the current rate, it may be only a matter of time before we see the Greece scenario play out in individual states or at the federal level here.
The desire for “stability” is indeed the siren’s song of the end of freedom.
Min fremhævning. Hele indlægget kan læses her: The “Siren’s Song of Stability,” European Version
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