Agoracom Blog

Barry Ritholtz Makes The Case For Just Taking Our Medicine

Posted by AGORACOM at 11:15 AM on Monday, September 29th, 2008

Barry Ritholtz is one of the smartest and most-respected economic commentators on the planet. Like myself, he has largely advocated against messing with the free markets and just taking our medicine to get this mess over with.

For those of you who aren’t familiar with Barry or his position, the following quick read is highly recommended.

Though I do agree with Barry, I do concede that it is much easier to take the position when you don’t sit in any kind of fiduciary position to the country.  If you’re an elected or appointed official, it is pretty tough to shun the human instinct to solve the problem by doing something.


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