Monday, October 31, 2011

Reprise: The Causes of the Financial Crisis and the Obsessive Folly of Greed


"There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history—a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So

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