Monday, December 08, 2008

Garbage in garbage out

Spengler sees a silver lining in the economic crisis.

1 comment:

Traductor said...

Spengler is always interesting, especially in this case where he highlights Ratzinger's "prophetic" words about a market economy that lacks (religious) ethics and the consequent danger of self-destruction. The other thing I found interesting is when Ratzinger said that "A morality that believes itself able to dispense with the technical knowledge of economic laws is not morality but moralizing."