Excessive leverage and risk-taking are indeed endemic to the financial system, not because it's too lightly regulated but because it isn't capitalistic (free and unsubsidized) enough.
Richard M. Salsman, Forbes
Tue, 03/06/2012 - 8:18am
Excessive leverage and risk-taking are indeed endemic to the financial system, not because it's too lightly regulated but because it isn't capitalistic (free and unsubsidized) enough.