“[T]he current financial crisis… I haven’t the foggiest idea what this all means.”
Posted by: Randy Holloway on: September 20, 2008
Freakonomics Blog: “The last 10 days have been the most remarkable period of government intervention into the financial system since the Great Depression.”
1 Response to "“[T]he current financial crisis… I haven’t the foggiest idea what this all means.”"
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October 12, 2008 at 10:39 pm
It’s hard for a blog like Freakonomics to measure the level of intervention. I mean, how do you measure “intervention?” We know that Glass-Steagall was a game-changing regulatory act. Sarbanes-Oxley has had huge impact on our financial markets and the competitiveness of our stock exchanges. But I’d like to see how Freakonomics measures “intervention.”