Votermedia Finance Blog

November 2, 2008

Consensus among bailout critics

Filed under: Uncategorized — Mark Latham @ 10:46 pm

I find it notable that both left- and right-wing thinkers have similar critiques of the bailout. Compare Naomi Klein (e.g. “Not only were profits privatized while risks were socialized but the implicit government backing created powerful incentives for reckless business practices.”) with U of Chicago Prof Zingales.

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