simplicity wins

What if the Amish were in charge of the economy?

Check out this article from NPR.

This old-fashioned system works. In this year of financial crisis, of storied old banks collapsing in hours, Hometowne Heritage has had its best year ever.

And with the total collapse of securitization and all those fancy financial tools, it's tempting to say: Hey, when it comes to buying a house, we're all Amish now.

HT: God's Politics