 Great Comment on our “Unregulated Free Market”
by Michael Smith
Over at Econtalk, there's a podcast featuring the University of Chicago's John Cochrane talking about the financial crisis. The talk itself is worth a lesson, but isn't the focus of this link.
The real gem on this page is Michael Smith's reply to Mark K's criticism of "unregulated free market capitalism". It is a memorable response, and deserves to be noted by defenders of capitalism.
(If your particular browser doesn't jump directly to the comment, you may need to scroll down to the post dated February 5, 2009 4:14 PM)
Hat tips should go to Coyote Blog and Cafe Hayek for bringing attention to this post. (Read more...)
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