"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Saturday, April 5, 2008
Bear & the Fed -"absolutely historic"
Video - CNBC.com: "Bear & the Fed Discussing the Fed's emergency cuts, and Bear Stearns bid, with CNBC's Steve Liesman & Maria Bartiromo"