Three Sigma Systems

Greenspan’s Tooth Fairy

Alan Greenspan, the financial guru who engineered our current economic disaster, admits that he was not guided by theory. Instead, he explains that he was guided by the tooth fairy of a free marketist ideology.  As with people who are driven by ideology, he was unable or unwilling to listen to the simple illogic of his greed-is-good model and the abundant evidence of impending disaster produced by the policies he advocated.  

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