John Morgan: Perhaps next economic system will work for all
Dear Editor:
The meteor of toxic mortgage slammed into Earth and the dinosaurs of Wall Street are biting the dust.
The invisible hand of the free market clenched itself into a fist and beat up the market, then held itself out for a government loan.
After the economics books are rewritten, maybe Adam Smith will be taken off his pedestal, and maybe someone will invent an economic system that works for everyone, not just the favored.
Maybe cooperation and benevolence are a better foundation for economics than competition and greed.
John
Morgan
Madison
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