Paul Krugman: This Is Why We Regulate Wall Street

05/14/2012 02:19 am ET
  • Paul Krugman The New York Times

One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don’t know how to run our own banks!” he exclaims. As the film progresses, we learn that Gatewood is in fact skipping town with a satchel full of embezzled cash.

Read more on The New York Times

YOU MAY LIKE

CONVERSATIONS