"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, September 27, 2008
The Crisis of Global Capitalism?
"The Crisis of Global Capitalism?" Gary Becker, a Nobel prize winner and proponent of the Chicago school of thought, answers "no."
