The Cato Institute recently released a text of a speech by Jeffrey Miron entitled “In Defense of Doing Nothing“ about the recent government bailouts. Miron is a fellow at the Cato Institute and a professor of economics at Harvard University. In his speech he makes the case that the bailout are the wrong course for solving the current economic problems and that the government caused more problems that greed run amok. He makes several good points and challenges the idea that the bailout is a no-brainer. It is a worthy read for anybody, whether you agree with the conclusions or not. The article is linked above.