Nerd News: Princeton Economics Professors Critical of Car Company Bailout

3 economics professors from Princeton are on the record with their criticism of the proposed government bailout of the "Big Three" auto companies.

I rather like this quotation from Professor Henry Faber:

“Our history of having our government play an active role in the organization of enterprises is not great,” Farber said.

“The government should play as little [a] role as possible,” he added.