The Scorpion and the Tortoise

“The Scorpion and the Tortoise” Defense

Posner: ‘Blame Regulators (& Economists)’ Let’s place the blame where it belongs. Not on the bankers, who are not responsible for assuring economic stability, but on the government officials who had that responsibility and failed to discharge it. They failed even to develop contingency plans to deal with what everyone knew could happen in a...
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