Posts Tagged ‘economy’


The smartest guys in the room crushed the world economy

October 24, 2008

Market fundamentalism, the economic theory propagated by Milton Friedman and the University of Chicago School of Economics – and most recently Alan Greenspan – is coming to a violent economic end. Friedman and his followers were seen as economic gods by the neoconservatives, whose members include Donald Rumsfeld, Paul Wolfowitz and Dick Cheney.

Here are some links to blogs that you might find interesting.

Sense and Nonsense

Bill Moyers interviewing George Soros

Naomi Klein, Milton Friedman and Arnold Schwarzenegger

The end of free market fundamentalism

Why market fundamentalism has failed