Maybe it’s the smoke from Mt. Vesuvius that keeps Arianna Huffington and the financial community from seeing that the economic collapse has nothing to do with the Fed "missing" the warning signs leading up to the October meltdown. “Things do not happen. Things are made to happen.” John F. Kennedy The Fed didn’t miss anything; the October meltdown was an inside job. Capitalism never made senseProfessor Ebeling, the Ludwig von Mises professor of Economics at Hillsdale College, understood something was wrong when he wrote: "the perverse development and evolution of historical capitalism, the institutions necessary for a truly free-market economy...