27 March 2010

Short Question

Do Americans understand that the current financial crisis was directly caused by a lack of governmental regulation and by the belief that the establishment of free markets will always make our economy come out right in the end?

I think not.


Craig L. Adams said...

No. (Ha, ha ha).

jay said...

Not sure we in the UK understand this point either!

The Adam Smith Institute would say it's because there is too much regulation and interference within the free market.