Sunday, May 9, 2010

Ferguson on Posner

Harvard's Niall Ferguson reviews Richard Posner's new book.  I particularly enjoyed this snippet on the financial reform bills being debated in Congress:
Both these measures recall the old British sitcom �Yes Minister,� in which all crises elicited the following response from the clueless politician Jim Hacker: �Something must be done. This is something. Therefore we must do it.�

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