Can economists contribute anything useful to our understanding of politics, business and finance in the real world?
— This opinion piece was written by C.M. Sennot for GlobalPost. The views expressed are his own. It was originally published here on GlobalPost. —
— James Saft is a Reuters columnist. The opinions expressed are his own —
Why not just play by the existing rules and rescue the economy, rather than the banks and their foolish shareholders and counterparties?