Wednesday 13 May 2009

Who is John Kay talking about?

Genuine question - are there particular names he is hinting at in this comment about the fallout from the crisis?
The academic cheerleaders were, in the main, innocent dupes. Not especially well paid, generally centre-left in political orientation, they provided the philosophical justification for greed and for rightist ideology, through a Panglossian message of markets efficient in both a broad and narrow sense.

PS. I've just finished his book, which is great. The last chapter in particular makes a number of points I am in total agreement with.

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