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Letter Re: UCLA’s Eye-Opening Colloquium on the Worldwide Financial and Economic Crisis

Hi Jim,
I’m responding to Tuesday’s article Letter Re: UCLA’s Eye-Opening Colloquium on the Worldwide Financial and Economic Crisis [1] in which the general cause of the crisis was ascribed to too much economic freedom. The following articles make the opposite case, that it was actually caused by government interference in the markets:

The Government Did It [2]

The Myth that Laissez Faire Is Responsible for Our Financial Crisis [3]

Alan Greenspan vs. Ayn Rand and Freedom [4]

Stable Money is the Key to Recovery [5]

As pointed out in the article Stable Money is the Key to Recovery, “…some three-quarters of the massive derivatives market, which has wreaked the most havoc across global financial markets, derives its investment allure from the capricious monetary policies of central banks and the chaotic movements of currencies.”
Best Regards, – Tim L