The Supercharged Stock Market: An Object Lesson in the Perils of Coercion
Naturally, the problems which arise from coercion are inevitably ascribed to voluntarism. State manipulation of the stock market is ignored; the resulting instability is invariably blamed on the free market – thus paving the way for additional (and ridiculous) regulations such as Sarbanes-Oxley. Executives can now be sent to jail for a single mistake by a single accountant – but no government executive loses his job over the slaughter in Iraq!...or their other fuck-ups.
The whole thing.
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