<sup>Cross posted on

The Economic Populist –

A Community Site for Economics Freaks and Geeks</sup>

Failure in war can be a bad thing.  Failure in business can be a personal loss, and in some instances a detriment to the economy.  With the recent calamity hitting the two largest mortgage lenders, not to mention other large American business concerns, it seems to a select few that failure is indeed a viable and good option.

A gamble with very high stakes is being openly promoted by adherents to a free-market orthodoxy.  These individuals, gaming on anger and the perceived loss of utility of these given enterprises, are pushing the public onto this wager.