SocraticGadfly: Fire the regulators?

September 13, 2009

Fire the regulators?

A new NYT’s column suggests that as part of the solution for how we got into this fiscal mess in the first place.

Tyler Cowan then piles on, riffing on Ike by noting we have created a financial-regulatory complex about as dangerous as the military-industrial one. And, he notes that alleged financial reform won't be, unless this is fixed.

Finally, Robert Frank is the latest from the Times to note how the Alan Greenspans of the economic world were just wrong in failing to account for human illogic.

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