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octothorp · 09-17-2008, 09:31 AM

I came across Stiglitz's take on the crisis this morning; obviously a very reactionary article from a biased sourced (which doesn't necessarily make it wrong), but I thought others here might find it interesting.

http://www.cnn.com/2008/POLITICS/09/...sis/index.html

I'm not a fan of the rampant regulation that he proposes, but what's the deregulation alternative perspective? Accept that what happened this week was a necessary correction? Put the blame on the companies that failed to self-regulate?

09-17-2008, 09:31 AM	#51
octothorp Franchise Player Join Date: Oct 2002 Location: not lurking Exp:	I came across Stiglitz's take on the crisis this morning; obviously a very reactionary article from a biased sourced (which doesn't necessarily make it wrong), but I thought others here might find it interesting. http://www.cnn.com/2008/POLITICS/09/...sis/index.html I'm not a fan of the rampant regulation that he proposes, but what's the deregulation alternative perspective? Accept that what happened this week was a necessary correction? Put the blame on the companies that failed to self-regulate?