About
Articles
Monographs
Working Papers
Reviews
Archive
Contact
 
 

Death by Narrative

Pete Wallison on how bad ideas destroyed ‘the most innovative and successful financial system the world has ever known’.  As Kevin Hassett notes:

It wasn’t a coincidence that equity markets posted their biggest drop in more than a year the day the U.S. Senate passed its sweeping financial reform bill…America has become the land of high taxes, big government, complex regulations and indignant politicians. The future of such a place is not bright. The markets understand that.

 

posted on 25 May 2010 by skirchner in Economics, Financial Markets, Rule of Law

(1) Comments | Permalink | Main

| More

Next entry: The Evidence-Free Nouriel Roubini

Previous entry: The UK’s Office of Budget Responsibility

Follow insteconomics on Twitter