Who Said That?

by Don Boudreaux on October 20, 2009

{ 3 comments }

Anonymous October 20, 2009 at 2:38 pm: The ventriloquist is a dummy.
Chris Meisenzahl October 20, 2009 at 5:34 pm: Drs. Boudreaux and Roberts, did you see this?
http://blogs.law.harvard.edu/philg/2009/10/17/how-wall-street-is-making-its-billions/

Via Dr. Newmark.
Reuvain Borchardt October 22, 2009 at 5:05 am: Great point, Don. That’s similar to the point George Selgin made in a panel discussion RE: the Federal Reserve at Fordham Law School last spring. Someone tried blaming the (severity of the) current recession on the complex financial instruments; Selgin responded that although the point may be correct, that’s similar to blaming the plane crash on gravity!

(btw, Don posted the link to that fabulous panel discussion, sponsored by the Smith Family Foundation, a while ago; if you haven’t seen it, here it is again http://blip.tv/file/2382862 )