< The trick in drafting NFL players | Main | Richard Justice, Texans Cheerleader >
April 29, 2007
Capitalism Rorschach Test
In this clever and insightful post, Warren Meyer provides a handy Rorschach Test for how Americans view capitalism and markets by using the competing views toward the adjustment that has been taking place in subprime mortgage markets over the past several months.
Guess how Loren Steffy and Ben Stein test out? If you need a hint on Stein, see this Larry Ribstein post.
Posted by Tom at April 29, 2007 4:08 AM
Comments
Tom K.,
Thanks for pointing out the useful post. It strikes me that one could build a similar test using Enron as the example. Is Enron a tale of the risks of business innovation or is it a tale of a massive conspiracy run by greedy executives? I noticed in today's column by Loren Steffy that he clings steadfastly to the conspiracy theory description of Enron and seems to believe that the "solution" is more government oversight.
Posted by: Evan ![[TypeKey Profile Page]](http://blog.kir.com/nav-commenters.gif)
at April 29, 2007 9:20 AM
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)