Of Economic Slowdowns, and Government Failure

by Pejman Yousefzadeh on September 3, 2011

Gary Becker discusses just how much government has contributed to the financial crisis, the recent recession, and the current economic doldrums. He also makes the point–which would be entirely uncontroversial in any universe where rational thinking is the norm–that the performance of markets is one that government can only envy.

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