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The Hubris Of Greenspan
ByA staggering quote from a man who later confessed he had no idea what had happened in the financial collapse of 2008:
"We run the risk, by laying out the pros and cons of a particular argument, of inducing people to join in on the debate, and in this regard it is possible to lose control of a process that only we fully understand."
This man is a Hayekian?
