Free Market Fairies
Mar 23rd, 2007 at 7:56 am by Susie
As Duncan reminds us, the Free Market Fairies spread their magic pixie dust over the housing finance market to deregulate it, and look how well that worked out.
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There’s a whole lot of myths that the free market fairies like to push:
Competition lowers prices. (not necessarily so)
Free Markets help people make smart choices (nope)
Supply an Demand set prices (Not always)
Etc