Jim Manis on Most Anything

Jim Manis can formulate an opinion about a good many things, including those about which he has little knowledge. (And some dude named "Lazlo.") Visit The MagicFactory.

Sunday, July 05, 2009

"Today only the deluded would argue that markets are self-correcting

or that we can rely on the self-interested behavior of market participants to guarantee that everything works honestly and properly" — Joseph E. Stiglitz, "Wall Street's Toxic Message," Vanity Fair, July 2009.

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