Adam Smith
WaPo Editorial Board: Defender of Free-Market Capitalism
October 20th, 2008 11:14 AM
You have to give credit where credit is due. The lead editorial in the Oct. 20 Washington Post didn't declare free-market capitalism dead after the failure of several financial institutions led to massive government intervention - as a front-page story on its Oct. 10 edition declared. Instead, the editorial pointed out the how the market that failed wasn't exactly free to begin with. "The…