"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
Friday, September 26, 2008
CNBC debate about over the urgency of government action
To get a sense of the intensity of the current financial situation, and of how passionately people view the situation, look at this, especially starting about 4 minutes into it.
