Monday
Dec082008
Monday, December 8, 2008 at 5:27PM Garbage in garbage out
Spengler sees a silver lining in the economic crisis.
Monday, December 8, 2008 at 5:27PM Spengler sees a silver lining in the economic crisis.
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Reader Comments (1)
Spengler is always interesting, especially in this case where he highlights Ratzinger's "prophetic" words about a market economy that lacks (religious) ethics and the consequent danger of self-destruction. The other thing I found interesting is when Ratzinger said that "A morality that believes itself able to dispense with the technical knowledge of economic laws is not morality but moralizing."