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James Tobin Is King

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richie2044 Posted: Fri, Feb 27 2009 11:16 AM

Here we go again with more "the free market is the cause of the collapse" craziness. The ignorance and outright stupidity of this article is pathetic. The Wise Man James Galbraith states:

"It’s clear that the position that the federal government has a responsibility for the level of employment, for the economy, has prevailed"

From the article: The current economic and financial crisis has validated that philosophy, said Galbraith

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scineram replied on Fri, Feb 27 2009 11:21 AM

richie2044:
"It’s clear that the position that the federal government has a responsibility for the level of employment, for the economy, has prevailed"

 Sadly this is undeniable.

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Juan replied on Fri, Feb 27 2009 11:29 AM
heh =]

February 17 - 1600 - Giordano Bruno is burnt alive by the catholic church.
Aquinas : "much more reason is there for heretics, as soon as they are convicted of heresy, to be not only excommunicated but even put to death."

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