Quotation of the Day…

by Don Boudreaux on January 5, 2015

in Intervention, Regulation

… is from page 7 of John Allison’s insightful and fact-filled 2013 book, The Financial Crisis and the Free Market Cure:

Academics purport to defend academic freedom.  They are right to do so.  However, when put in government policy positions, the same academics somehow believe that businesspeople can continue to innovate and create wealth despite the ball and chain of government regulations.

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