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John Allison’s Unconventional Wisdom about the Financial Crisis

So much for the assertion that the financial crisis was caused by the lack of regulations and government oversight. The free market isn’t to blame, since there is no free market to blame. The “fingerprints” of the real culprit—the government—are all over the place.

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In Defense of Outsourcing: Hiring Abroad is Both Economically Practical and Morally Upright

You have the right to move from Manhattan to Brooklyn in order to lower your living costs. For the same reason, businessmen have the right to move their manufacturing from America to China to lower their production costs.