Thursday, November 24, 2011

The cost of regulation

http://www.youtube.com/v/lty6fmQe_fc?version=3&f=user_uploads&app=youtube_gdata

Watch the full 21-minute video at http://www.goldmoney.com/thomas-rustici-macleod. Thomas Rustici, Professor at George Mason University and Alasdair Macleod, of the GoldMoney Foundation, talk about monetary policy and its flaws. They talk about labour market rigidity and "sticky wages" as deliberate policy. They talk about the European Union and how it has fallen prey to regulatory capture and has

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