Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
back blame crisis
Lawrence Summers
These are some quotes by American author Lawrence Summers Economist, who was born on November 30, 1954.
Quotes by Lawrence Summers
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Finding a 'sacrificial lamb' on whom to tag blame for complicated problems is an important instrument in the toolkit of politicians, because it deflects blame for the nation's economic woes away from their own regulatory lapses, economic mismanagement and coddling to labor unions.
