Filed Under: Anything Peaceful
Tags: a la carte
A La Carte (11/20)
“This week Congress is weighing the cost of the bailout. Let us hope that lawmakers realize that the true cost of such a bailout is far larger than any check the U.S. Treasury will have to write in the coming months.” That’s from an opinion piece in the WSJ by Matthew Slaughter entitled “An Auto Bailout Would be Terrible for Free Trade.” Well worth the read.Matt Yglesias and Megan McCardle are debating whether the CEOs of major financial institutions are walking away from the financial crisis laughing, or whether they have actually been punished by the failure of their firms and loss of their jobs.”If reviving the economy were like reviving a patient whose heart has stopped, then relentless effort would be the key. Get out those paddles and keep stimulating the guy until he comes back to life. Never give up. Whatever it takes. But reviving an economy is more like parenting…” That’s Russ Roberts in Forbes.
