Jamal Awil

← Never Let a Serious Crisis Go to Waste

Nothing succeeds like market success, and any recourse to countervailing power must be squelched. [fact]

This literature had a bearing on the crisis, since it was used to argue against aspersions cast that many financial firms were "Too Big to Bail," and that the upper echelons in those firms were garnishing dangerously high compensation packages. Nothing succeeds like market success, and any recourse to countervailing power must be squelched.

Philip Mirowski, Never Let a Serious Crisis …, loc. 176