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Thursday, November 3, 2011

NIALL FERGUSON: Hey, Protesters, Stop Blaming Wall Street -- The Problem Is Our Crappy Education System

NIALL FERGUSON: Hey, Protesters, Stop Blaming Wall Street -- The Problem Is Our Crappy Education System: "t selling author and Harvard professor Niall Ferguson recently had at it on CNN with Columbia professor and director of the Earth Institute Dr. Jeffrey Sachs over the Occupy Wall Street movemen Sachs - as he recently told the Daily Ticker - thinks Wall Street has acted like robber barons and deserves harsher regulations and increased taxes.
Ferguson sees it differently.
"Many things about Wall street were wrong," he tells Henry Blodget. "But, you can't say all of our problems are because of the criminality of one percent of the population."
What IS to blame for America's growing wealth gap?
In a word: globalization."

'via Blog this'

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