Sunday, 14 December 2008

Barney Frank's theory of economic evolution

Great quote from Congressman Barney Frank on 60 Minutes this evening. Frank, responding to the argument that an auto bailout is antithetical to America's Darwinian capitalism, said:

"Darwin was a great biologist, but I don't think he was much of an economist".

Fun facts: Frank doesn't own a computer, and composes letters in his office by Dictaphone. Remember the Dictaphone boys and girls? Yeah, me neither.

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