<!-- Begin meta tags generated by ORblogs --> </meta name="keywords" content="progressive, liberal, politics, government, edit, language, grammar, accuracy, honesty, clarity, world, news, media" /> </> <!-- End meta tags generated by ORblogs -->> Editor at Large: Was it "positive thinking" that created the financial crisis?

Wednesday, September 24, 2008

Was it "positive thinking" that created the financial crisis?

In an op-ed in today's NY Times, Barbara Ehrenreich says, "Greed — and its crafty sibling, speculation — are the designated culprits for the financial crisis. But another, much admired, habit of mind should get its share of the blame: the delusional optimism of mainstream, all-American, positive thinking.

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