Sunday, October 19, 2008

The bailout - economist Steven Landsburg isn't buying it

In this little article, Steven Landsburg raises obvious objections to the bailout that few people are talking about. I have been saying essentially the same thing on this forum since the beginning. It's good to know a well-respected economist shares my concerns.

Why do we need these big Wall St. banks again? With a price tag of $700bn, surely our leaders owe us an explanation of at least that.

No comments: