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As the World Reels.(International Edition; LETTERS)(Letter to the editor)
Our Sept. 29 cover story on the devastating worldwide financial crisis alarmed readers. While one cautioned we haven't yet learned of "all the corruption, malfeasance, fraud and stupidity" that brought this about, others decried the bailout possibility of "perpetrators making millions from taxpayers."
Rescuing Crumbling Economies
In "Big Government to the Rescue," (Sept. 29) Fareed Zakaria erroneously claims that this crisis "should put an end to false debates about government versus markets. Governments create markets, and markets can exist only with regulation." The market is created by human instincts, not by the government (and democracy was born in ...
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Source: HighBeam Research, As the World Reels.(International Edition; LETTERS)(Letter to the...