{"id":1285,"date":"2008-10-24T10:44:33","date_gmt":"2008-10-24T15:44:33","guid":{"rendered":"http:\/\/2parse.com\/?p=1285"},"modified":"2008-10-23T17:20:42","modified_gmt":"2008-10-23T22:20:42","slug":"the-failure-of-free-market-ideology","status":"publish","type":"post","link":"https:\/\/2parse.com\/?p=1285","title":{"rendered":"The Failure of Free Market Ideology"},"content":{"rendered":"<p>Alan Greenspan admits <a href=\"http:\/\/www.nytimes.com\/2008\/10\/24\/business\/economy\/24panel.html?hp=&amp;pagewanted=print\">the failure of his pure free market ideology<\/a>:<\/p>\n<blockquote><p><span class=\"articleText\">I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms<\/span><\/p><\/blockquote>\n<p>H\/t <a href=\"http:\/\/blogs.tnr.com\/tnr\/blogs\/the_plank\/archive\/2008\/10\/23\/atlas-shrugged.aspx\">Chait over at The Plank<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alan Greenspan admits the failure of his pure free market ideology: I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms H\/t Chait over at The Plank.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[544,4],"tags":[897,898,649,146,148,408],"class_list":["post-1285","post","type-post","status-publish","format-standard","hentry","category-economics","category-politics","tag-alan-greenspan","tag-free-market-ideology","tag-jonathan-chait","tag-the-new-republic","tag-the-new-york-times","tag-the-plank"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8qcx-kJ","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts\/1285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1285"}],"version-history":[{"count":1,"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts\/1285\/revisions"}],"predecessor-version":[{"id":1286,"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts\/1285\/revisions\/1286"}],"wp:attachment":[{"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}