Como se combate o populismo? "Com eleições", responde Fukuyama

[maisum_CALD]

Emperor Greenspan Has No Clothes

Federal Reserve Chairman Alan Greenspan's solution to every economic crisis has been to print more money - often by cutting rates which has the effect of increasing credit. The Alan Greenspan, who several decades ago clearly understood the Austrian school of economic thought (purge speculative excesses before they get out of hand) and the value of a gold-backed sound currency, is gone. Turned to the Darkside did he. With every scramble to frantically pump in credit at the first sign of a potential economic slowdown, Greenspan's transformation from a sound central banker (i.e. Paul Volcker) to an intellectually corrupted and pandering politician (seeking to keep the public working and the stock and real estate market bubbles propped up at all costs) was made more complete. The debt and deficit ridden economic house of cards that certain areas of the U.S. financial system have become was not going to collapse on his watch...

Artigo completo aqui
http://www.safehaven.com/article-3124.htm