Safe toasters and toxic financial assets

posted by
October 27, 2011
Foundation for Economic Education
by Steven Horwitz  
Posted in Commentary

"I recently wrote a letter to the editor (as yet unpublished) responding to a prior letter that engaged in a series of dubious claims about the causes of the financial crisis. At the end the author argued that since government already helps to assure that our toasters don’t explode, why can’t it exercise the same diligence in protecting consumers from shoddy financial products?" (10/27/11)  

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