"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
Thursday, November 27, 2008
Mad Max and the Meltdown
Daniel Henninger, assistant editor of the editorial page of the Wall Street Journal, argues that there's a connection between the secularization of Christmas (taking Christ out of Christmas) and the financial meltdown we are experiencing.