Dec 26, 2008

The Free Market caused the Financial Free Fall

The left would have us believe that the financial crisis is a product of free markets and scant regulation.
Category: Economy
Posted by: admin

The left would have us believe that the financial crisis is a product of free markets and scant regulation.

In an "An Open Letter to my Friends on the Left," professor Steven Horwitz makes a compelling argument of just the opposite.

Also, Randal O'toole, has a great piece, "Blame Urban Planning," on how too much regulation and interference from the government helped not only to cause the houseing bubble, but, in fact, created it.

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