Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You
by Nassim Taleb (Incerto)
The U.S. government is enacting measures to save the airlines, Boeing, and similarly affected corporations. While we clearly insist that these companies must be saved, there may be ethical, economic, and structural problems associated with the details of the execution. As a matter of fact, if you study the history of bailouts, there will be.
Socialism for the Rich: Government Is Bailing Out Investors & Managers, Not You