[A]cademics and politicians continue to sing the praises of abstract markets as if... descended... from heaven while maintaining... silence about the… - John Komlos

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[A]cademics and politicians continue to sing the praises of abstract markets as if... descended... from heaven while maintaining... silence about the fact that without government help, countless... corporations would have landed in the dustbin of history.

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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Additional quotes by John Komlos

Greenspan... out of hand and cold-bloodedly thwarted [warnings of , , Raghuram Rajan, Nouriel Roubini, Peter Schiff, Robert Shiller, Joseph Stiglitz, Nassim Taleb, John Taylor, and] 's valiant efforts to regulate derivatives a decade before the meltdown.

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