Schooling the Elites

Paul Krugman actually suggests that there is something to be learned from the Gambling Banker's Recession.  But, alas, few want to learn it.

by making up stories about our current predicament that absolve the people who put us here there, we cut off any chance to learn from the crisis. We need to place the blame where it belongs, to chasten our policy elites. Otherwise, they’ll do even more damage in the years ahead.