Monday, September 21, 2009

Free Markets vs. Regulation

There were two opposing views in the New York Times a week ago. Here are the articles

Flaw in Free Markets: Humans by Robert Frank

Where Politics Don’t Belong by Tyler Cowen

Frank argues that markets don't work the way alot of people think they do because people are not always rational. Cowen argues that regulations can do more harm than good.

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