Økonomi og velferd

Farvel til det frie markedet?

Les Nicole Gelinas i City Journal om finanskrisen og det frie markedet: The government’s longer-term response should have been to restore clear rules to the financial system, preventing such a crisis from ever happening again by consistently limiting borrowing within the financial industry and among financial instruments.

Publisert: 16. februar 2012

«(The) financial system collapsed in 2008. At that point, Washington had little choice but to intervene still further, using hundreds of billions of taxpayer dollars to save the banks and other financial institutions. The alternative was a replay of the 1930s, when a failing banking system sent the nation, and much of the world, into a decade-long depression.

The government’s longer-term response, though, should have been to restore clear rules to the financial system, preventing such a crisis from ever happening again by consistently limiting borrowing within the financial industry and among financial instruments.»

Les Nicole Gelinas i City Journal.