Intelligent Squared US Debate on Blaming Washington or Blaming Wall Street

By Harry Sit

I’m usually one week behind on my podcasts. I just heard a mention of an Intelligent Squared US debate on NPR’s Planet Money podcast on March 18. The motion was:

Blame Washington More Than Wall Street for the Financial Crisis

I’m interested because the participants included Niall Ferguson, Nouriel Roubini, and Jim Chanos. NPR just posted the mp3 for the full debate on Wednesday.

I added Intelligent Squared US debates to my podcast receiver. One of their past debates was Google violates its ‘don’t be evil’ motto. That one also sounds interesting.

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Comments

3 Comments on Intelligent Squared US Debate on Blaming Washington or Blaming Wall Street

  1. jeff on March 30, 2009
     

    So which group is at fault for the economic mess: Wall St, D.C., or other?

  2. TFB on March 30, 2009
     

    Jeff – Did you listen to the debate? It’s a good one. I vote for the motion.

  3. Jeff on March 30, 2009
     

    TFB,

    I did. Before even listening to it, I already agreed with that more blame was with Washington D.C. rather than Wall St. However, I don’t want the solution to be knee-jerk reactions that we’ve been seeing over the last year. My ideal would be that those in D.C. study the consequences of their potential actions, rather than just looking for political points in the next election. Both parties have committed this error and have installed bad incentives for corporations and for individuals.

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