I have always been fascinated by the subject of economics. Some of my most enjoyable graduate school classes were in economics, and I pay rapt attention to economic news and Federal economic policy. The interview linked below is with John Allison, former CEO of BB&T, who articulates what has gone wrong with the US financial system, and why we are not in free market. His conclusions are compelling.
Mr Allison is now on the faculty at Wake Forest University. The interview is by Glenn Reynolds, Law Professor at the University of Tennessee, Knoxville.
H/T to Instapundit, Glenn Reynolds blog.