WE NEED ECONOMIC MUCKRAKERS...

(h/t Matt Yglesias)

and a lot of them. Matt Taibbi has shown the way in his article on Goldman Sachs but it's not nearly enough. We need many studies like that so we can open the social discourse about high finance in America. Right now, we seem to maintain a respectful silence about the inner workings of our great financial engineering firms, as if that could not be discussed in polite company. The issue isn't how correct Taibbi was, it's starting the process of shedding real light on the MOTU.