IT’S THE GOVERNMENT FAILURE, STUPID

By Greg Ransom, on December 22nd, 2010%

Mark Perry and Robert Dell identify six major government failures which gave us The Great Recession:

we identify a potent mix of six major government policies that together rewarded short-sighted collective risk-taking and penalized long-term business leadership:

1. Bank misregulation, in particular the international Basel capital rules, including a U.S. adaptation to them—the 2001 Recourse . . . → Read More: IT’S THE GOVERNMENT FAILURE, STUPID

Comments are closed   Gov Failure
Follow FriedrichHayek on Twitter

Random Quote

Right after we published our first findings [on path dependence and complexity theory], we started getting letters from all over the country saying, ‘You know, all you guys have done is rediscover Austrian economics’ .. I admit I wasn’t familiar with Hayek and von Mises as the time. But now that I’ve read them, I can see that this is essentially true. — Brian Arthur
خريد vpn خريد vpn خريد vpn