Wall Street Loses Its Immunity
Then came the crisis, which proved that all those claims about
how modern finance had reduced risk and made the system more stable were utter nonsense.
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Then came the crisis, which proved that all those claims about
how modern finance had reduced risk and made the system more stable were utter nonsense.
Full Story »
More broadly, the same political forces that promoted financial deregulation fostered overall inequality in a variety of ways, undermining organized labor, doing away with ... More »
It's a very good opinion piece, and there are facts to back it up. That said, it's an opinion piece and so states the facts as givens, rather than providing concrete evidence. Krugman is a good writer and a good economist. This essay makes the point very succinctly.