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PAUL KRUGMAN: Money for NothingQuicklink Submitted By Sheila Samples 1 comment
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| why did some bankers suddenly begin making vast fortunes? It was, we were told, a reward for their creativity ? for financial innovation. At this point, however, it?s hard to think of any major recent financial innovations that actually aided society, as opposed to being new, improved ways to blow bubbles, evade regulations and implement de facto Ponzi schemes. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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