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Wednesday, February 15th, 2012

Posts Tagged ‘ GLG ’

The Danger in Regulating

Sep 30th, 2008 | By Adrian Ash | Category: Politics & Economics

We love this nugget of irony, idiocy or just plain hypocrisy so much, we have to repeat it — clutching our sides and doubling-up in laughter, tears streaming down our disbelieving faces:

“The reality of the situation is that an open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention…”