March 07, 2008
Surely these are the words of a disciple of Hayek or Friedman, right?
Under the guise of protecting us from ourselves, the right and the left are becoming ever more aggressive in regulating behavior…
…The real question for policy makers is how to protect those worthy borrowers who are struggling, without throwing out a system that works fine for the majority of its users (all of whom have freely chosen to use it).
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