Mises Wire
Author:
Lucas M. Engelhardt
Online Publish Date:
So, Joe Stiglitz is weighing in on the crisis with an article with Vanity Fair . His claims? Five major mistakes were made. #1: Firing the regulator inflation-fighter Paul Volcker in favor of free-marketeer Alan Greenspan #2: Gramm-Leach-Bliley AKA the “Financial Services Modernization” Act #3: “Applying the Leeches” – by which he means poorly