Notes: Market Failure: An argument both for and against government (David Friedman)
I just attended the Young American’s for Liberty state convention yesterday in order to hear the venerable David Friedman speak. Below are my notes highlighting the main points of the talk. You may recognize some examples and positions if you’ve…
Born v. Greenspan
PBS Frontline has produced a show, The Warning which documents the CFTC’s attempt to introduce regulation to avoid a financial crisis brought about by the derivatives market. It cronicles how the three marketeers, Greenspan, Summers, and Rubin successfully shut Born…