Too Few Regulations? No, Just Ineffective Ones
14th September 2008
Tyler Cowan brings some economic literacy to the bailout debates. The Chattering Class, of course, would have you believe that it was a deregulated, laissez-fair, dog-eat-dog capitalism that caused the current series of crises — assuming that you aren’t paying attention to the fact that existing government regulations created or exacerbated most of them.