22 5 / 2012
"Would Glass-Steagall make things slightly better? Sure. But the next time someone says that it is the ultimate solution, think again."
A true classic of the straw-man form from Sorkin, here. He spends an entire column arguing against the people arguing for the return of Glass-Steagall. But then he concedes that the return of Glass-Steagall would actually be a good thing. He just doesn’t like people saying that it’s “the ultimate solution”. Except, he doesn’t name any such person. Grr.
Reinstating an Old Rule Is Not a Cure for Crisis - NYTimes.com
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titivil reblogged this from felixsalmon
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dmandl said:
I stopped reading when I saw that he doesn’t know what “sine qua non” means.
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felixsalmon posted this
