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Great Article By Steve Forbes

07/14/2009

Please check out "Largely Useless, Even Harmful" - a great article written by Steve Forbes and recently featured in Forbes. His piece contains many valuable insights, including this opening:

The blunt truth is that even if we had had President Obama's financial regulatory "reforms" in place four years ago--reforms designed to prevent another financial meltdown--we would still have experienced a horrific economic disaster. In other words, the Administration's prescriptions deal with the symptoms--and those badly--not the underlying causes."

If you already agree with Forbes' free market outlook, then his article will reinforce your viewpoints. If you doubt the efficacy of free markets, then this piece will cause you to question your own opinions. Basically, this is an article worth reading.