tag:blogger.com,1999:blog-5562656609107231418.post2793070924456999264..comments2023-09-22T13:43:14.914-04:00Comments on Economically Speaking: Transparency in EconomicsBenhttp://www.blogger.com/profile/05569250031247722273noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5562656609107231418.post-69475082150594410402011-01-06T21:47:50.446-05:002011-01-06T21:47:50.446-05:00The primary thread of continuity throughout the mo...The primary thread of continuity throughout the movie, “Inside Job,” is deregulation, promoted by short sighted politicians, greedy bankers, and academic luminaries, not to mention the greatest fool of all, former Federal Reserve Chairman, Alan Greenspan. In contrast to the U.S. that suffered a near total financial meltdown during late 2008, Canada escaped mostly unscathed simply because their banking system is closely regulated. See the link below to an article by economist Paul Krugman on this topic. “Adult supervision” of Wall Street will only occur in the U.S. with the advent of political campaign finance reform. Canada enacted such reform a few decades ago with their Elections Act legislation. <br /><br />http://economistsview.typepad.com/economistsview/2010/01/paul-krugman-good-and-boring.html<br /><br />Dr. Jeffrey EversonAnonymousnoreply@blogger.com