A Minsky moment in the poliblogs, part 3
NOTE I don't believe for a minute that what we in the old school worked for -- to replace our famously free press with an actually free press -- is any less important today than it was back in 2003 or so. If anything, it's more important. There is a way forward. But it is to be discovered. And I recall a possibly apocryphal quotation from a rabbi: "If money can solve it, it's not really a problem." On we go!
NOTE See here for Minsky moment. I know the analogy is not exact.