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Housing Crisis: Bad Incentives, Not Duped Consumers

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Uploaded by on May 11, 2010

http://www.cato.org/event.php?eventid=7035 Was credit too cheap or too expensive? Did a lack of consumer protection cause the financial crisis? Todd Zywicki, a law professor at George Mason University says the diagnosis is wrong and so is the cure.

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  • The Cato Institute has an excellent book on the matter called Financial Fiasco by Norberg.

    It explains, in detail, the gross negligence provided by GSE (Government Sponsored Enterprises), The Federal Reserve, and others.

  • Thank you, Zywicki this is what I've been saying.

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