From City Journal, Theodore Dalrymple on inflation’s moral hazard: An age of loose money not only destroys savings — it corrodes character; whatever happened to the work ethic? Free markets require a constellation of moral virtues; and "too big to fail" must die: If we continue to subsidize irresponsible risk-taking, we’ll just get more of it. Bruce Bartlett asks the opponents of the stimulus: What should we have done? A look at how government efforts to funnel hundreds of billions of dollars into the U.S. economy appear to be helping the U.S. climb out of the worst recession in decades. More on Barry Ritholtz’s Bailout Nation. The huge government bailout could have cost taxpayers $700 billion — now it looks like it might break even. Recessionary Road: Chadwick Matlin embarked on a three-week cross-country trip

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