Posts Tagged ‘Alan Greenspan’
How much did deregulation contribute to the recession (economic slowdown, whatever)
Deregulation refers to the point at which the U.S. government threw up its hands and said “all right banks, power companies, airlines, etc., do whatever you want!” and the deregulated industries had a big party. Eminent jurist and economic theorist Richard Posner says that might have been a mistake: “a tighter ceiling should be placed [...]
