A stunningly good article by my Cobden Centre colleague Dr Anthony J Evans which is now being picked up in the blogosphere: Barack Obama’s speech on Monday to Wall Street outlines an overhaul of the regulatory regime. On the anniversary of the bankruptcy of Lehman Brothers, politicians from both sides of the Atlantic are looking to remodel capitalism. The thirst for greater regulation is strong, united around Gordon Brown’s judgment that “laissez-faire has had its day … the old idea […]
Tags: Banking, Cobden Centre, economics