The Hidden Hand as Enabler

If Wall Street got drunk, it is the cult of the hidden hand that held the bottle.

[Marty Kaplan, "Alan Shrugged", Huffington Post, 13 October 2008.]

I liked the quotable witticism, but I also liked the article (and not only for its title). The subject is our current economic difficulty, free-market cultism, and the role of Alan Greenspan who, one notes, did not just win a Nobel prize in economics. (He can keep it next to the Nobel prize in literature that Ayn Rand did not win.)

Posted on October 14, 2008 at 00.01 by jns · Permalink
In: All, Common-Place Book, The Art of Conversation

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  1. Written by rightsaidfred
    on Tuesday, 14 October 2008 at 05.24
    Permalink

    >>>>…did not just win a Nobel prize

    And Yasar Arafat got a Peace prize, and the Ramones are in the Rock and Roll Hall of Fame, so it's good to know such institutions have integrity.

    >>>>…the role of Alan Greenspan

    who was evidently a one man wrecking crew. Damn him for making people not pay their bills.

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