“As policymakers confront the ongoing U.S. financial crisis, it is important to take a step back and understand its origins. Those who fault “deregulation,” “unfettered capitalism,” or “greed” would do well to look instead at flawed institutions and misguided policies.” Read more.
“How Did We Get Into This Mess?”
Lawrence H. White
Briefing Papers, No. 110, November 18, 2008.
Via the Cato Institute.
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