From the daily archives: Monday, April 20, 2009

When the clergy are losing faith it’s time to pay attention:

One of the most prominent proponents of free-market capitalism is having second thoughts.

Judge Richard A. Posner, a federal appeals court judge who has been called the most cited legal scholar of all time, discussed his doubts and his analysis of the current financial crisis in a wide-ranging interview with the Huffington Post.

A longtime proponent of deregulation, the idea that business works best in a free market without burdensome government regulations, Posner began to change his mind when he realized the enormity of the crisis. This change […]

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