Government Regulation, Financial Sector
Explore the controversial topic of government regulation and its impact on the financial sector. Russ Roberts discusses instances where prominent economists supported government intervention, challenging their supposed free market principles. Discover the consequences and lack of ridicule faced by these economists, including Joseph Stiglitz and Peter Orszag, for their involvement with Fannie Mae and Freddie Mac.In this clip
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EconTalk
Luigi Zingales on Incentives and the Potential Capture of Economists by Special Interests
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