Lynn Wheeler: Iceland Right – Everyone Else Corrupt

03 Economy, Commerce, Commercial Intelligence, Ethics, Government
Lynn Wheeler

Top Economists: Iceland Did It Right … And Everyone Else Is Doing It Wrong

Iceland Shows the Way

Nobel prize winning economist Joe Stiglitz notes:

What Iceland did was right. It would have been wrong to burden future generations with the mistakes of the financial system.

Nobel prize winning economist Paul Krugman writes:

What [Iceland’s recovery] demonstrated was the … case for letting creditors of private banks gone wild eat the losses.

Read full string of superb quotes.