Wednesday 15 September 2010

Law of diminishing returns

There were so many crashes – economic, environmental, social and so on – that one would have expected compound public interest to arise from the onslaught of successive calamities, but the industry advisers, media pundits, political and community leaders, tenured scholars, think tank gurus and zero-tolerance czars prescribed more of the same unrepentant, choice-led, free-market, non-solutions. Hardly surprising since the revolving monopoly money door policy remained the same along with the old, new, familiar faces.

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