Thursday, October 20, 2011

FLG Is Glad He Isn't Alone

Megan McArdle seems as perplexed by the pervasive attachment by so many to reinstating Glass-Steagall when they have no idea what it was. FLG has always been of the opinion that the vast majority of the people who tut-tut about reinstating Glass-Steagall say this because "it sounds sophisticated."

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