Tag Archives: Richard Posner

Does Democracy Corrode Moral Character?

Yes, and I’ll offer a few points as to why. Consider it the flip side to the forum hosted by the Templeton Foundation on a different, though also important, question. They ask whether liberty corrodes moral character; I take it … Continue reading

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Posner Calls It a Depression

The honorable judge has gone a bit daffy. He writes:  By undermining faith in free markets, the depression opens the door to more government intervention in the economy and eventually to higher taxes (though probably not until the economy improves). … Continue reading

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Hedge Fund Managers Deserve Their Salaries Because They’re Smarter

The ever insightful Richard Posner writes:  I do not think that the government does bear much responsibility for the crisis. I fear that the responsibility falls almost entirely on the private sector. The people running financial institutions, along with financial … Continue reading

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