Economic Policy Journal, 24 January 2012
Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as “outdated and crumbling.”
Phi Beta Iota: There is no crisis of capitalism. The crisis lies within governments that lost their intelligence and integrity, became corrupt, and enabled massive legal fraud across the financial services. All that is required to fix this is to restore integrity to the government. Iceland has done it.