“It didn’t take long for opponents of the market to pounce after the events of 2008. The crash was said to prove how destructive ‘unregulated capitalism’ could be and how dangerous its supporters were – after all, free-marketeers opposed the bailouts, which had allegedly saved Americans from another Great Depression.  In The Great Deformation, David Stockman – former US congressman and budget director under Ronald Reagan – tells the story of the recent crisis, and takes direct aim at the conventional wisdom that credits government policy and Ben Bernanke with rescuing Americans from another Great Depression.”

http://lewrockwell.com/rockwell/great-deformation208.html

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