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).

J A Y B 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.