Archive for January 7th, 2012

Hating Bankers or Hating Washington? »

In his most recent contribution to The Economist (January 6, 2012, p. 60), “Schumpeter” derides “hatred of bankers” as one of “the world’s oldest and most dangerous prejudices”. Arguing that “scorn for moneymen has a long pedigree”—traceable to Jesus’ expulsion of the moneychangers from Jerusalem’s Temple and to Muhammad’s proscription of usury—he rehearses the…
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