May 16, 2009

Deregulation versus Regulation Failure

Really good commentary by NIALL FERGUSON on blaming the right source.

"All of these were sins of commission, not omission, by Washington, and some at least were not unrelated to the very considerable political contributions and lobbying expenditures of the financial sector. Taxpayers, therefore, should beware."
Enjoy!
http://www.nytimes.com/2009/05/17/magazine/17wwln-lede-t.html

Really enjoy reading about economics, the market and will include links in the future.
Steve

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