It might seem like we're in a bizarro world right now with Wall St. begging like Oliver Twist for more government help, but there are a few die-hard free-marketers carrying on the good fight. For example, here are three recommendations from University of Chicago's Casey B. Mulligan writing on his new blog: - Rely on the market as much as possible. In my view, it is even more important to rely on the market in a crisis than it is in the calm. When things are calm and prosperous, we can afford anti-market policy mistakes. Arguably, now is not one of those times.- Expedite bankruptcy for the weak banks. Lower capital requirements for new banks. Allow new and expanding banks to hire talented leaders (that means no ceilings on executive compensation)...do not erect barriers for new and...
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