Why Capitalism Fails

Since the global financial system started unraveling in dramatic fashion two years ago, distinguished economists have suffered a crisis of their own. Ivy League professors who had trumpeted the dawn of a new era of stability have scrambled to explain how, exactly, the worst financial crisis since the Great Depression had ambushed their entire profession.

http://www.boston.com/bostonglobe/ideas/articles/2009/09/13/why_capitalism_fails/?page=full