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Scoop it

Scapegoating Regulation

http://www.thomaspalley.com
First scooped by post.austrian.economics 716 ago | Discuss

Economic conservatives will not roll-over and surrender just because of a financial crisis. Instead, if history is a guide, they will blame regulation for the crisis. That was Milton Friedman's modus operandi when he launched the modern era of deregulation and animus to government with his false claim that the Fed caused the Great Depression. More »