Credit Shortage or Regime Uncertainty? »
By Robert Higgs | Saturday September 25, 2010 at 3:27 PM PDT | 7 Comments
We are now mired in the third year of a recession produced when a housing bubble inflated by easy credit finally burst — as it was bound to do sooner or later. From the very beginning, government officials, among whom I include the people who run the Federal Reserve System, have proceeded as if the...
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Tags: Bailouts, Business, Economics, Federal Reserve, Government subsidies, Money and Banking, Politics, Property Rights, Regulation, The State




























