Monday, September 14, 2009

The Atlantic Online | May 2009 | The Quiet Coup | Simon Johnson

The Atlantic Online | May 2009 | The Quiet Coup | Simon Johnson

need to link to this. It's a classic and scary.

Main thesis:

the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises...recovery will fail unless we break the financial oligarchy that is blocking essential reform.