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July 31, 2008

The Arrogance of Greenspan

Butler Shaffer / LewRockwell.com:
Two excerpts from Alan Greenspan’s book, The Age of Turbulence, provide a succinct expression of how political systems generate the bulk of social disorder and human suffering. While I have not read his book, these two passages go to the essence of the destructive nature of the political mindset: (1) "there can be little doubt that global warming is real and manmade;" and, (2) "[s]ometimes the duty of political leadership is to convince constituencies that they are just plain wrong."

Posted by Editor at July 31, 2008 03:14 AM


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