Whither the Riot?--Freakonomics Blog, NYTimes

(published in NYTimes.com, October 29, 2008)

I have been struck by the absence of collective protest over the actions of those in the financial industry. Free market advocates have been rendered impotent; why aren’t they up in arms that their belief system has been forever invalidated? Leftists watch as our elected leaders hand over the oversight function to the very companies that caused this mess; why aren’t they taking to the streets?

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