Just as there is no excuse for the wanton slaughter of innocents, there is no denying that when children have no hope for an education… when governments fail to provide for the basic needs of their people, then people become more susceptible to ideologies of violence and death
Another reason why the US needs a more technocratic body to draw up policy proposals. Clearly Mr Frank has not thought this one all the way through. I know the European Commission is by no means perfect, and certainly is not immune to unwise policy formation. However, Frank’s call to ban US market entry to i-banks operating within areas of different regulation gives credence to the idea that individual policy prescriptions in a complex world like finance are not ideal. In this case, they are crazy.
Front page article in today’s (08/3/09) Financial Times. Is this all that surprising?
See the summary on bloggingstocks.com.
Ottimo! This Financial Times article briefly describes to the layman the past, present, and future of Italy’s political problems.
I suggest you read it.
