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The Five Myths of The Great Financial Meltdown: Round 2
Oleh:
Sloan, Allan
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Fortune vol. 166 no. 2 (Jul. 2012)
,
page 31.
Topik:
Financial Crisis
;
Private Markets
;
Federal Reserve
;
Free Market
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
FF16.48
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Critics of our analysis say Uncle Sam should have let the free markets take care of business. They tried. And they failed. My last column, looking at five myths and misconceptions that have emerged since the financial crisis first surfaced five years ago, clearly hit a nerve. It elicited more than 500 online comments, an unusually large response. Most commenters were critical of what I wrote, which is par for the course. The major criticism, as I determined with assistance from my colleague Omar Akhtar -- between us, we actually read all the comments -- was of my first point: that having the government do nothing was not a realistic option. Dozens of commenters said that cleaning up the mess should have been left to the private markets, which would have done things better than the Federal Reserve, Treasury, and rest of the government did.
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