MA & PhD in Critical Thinking Blog

December 19, 2009

Financial Regulation: UK Activism vs Laissez-Faire US

Filed under: Minerva School — Dr David Caploe @ 7:05 am

While it wouldn’t take much to have a more activist response than the downright laissez-faire – and, consequently, increasingly irrelevant –

approach of the Obama administration to the on-going and, indeed, steadily deteriorating economic / financial situation,

the UK government of Gordon Brown – and his surprisingly cogent and active Chancellor of the Exchequer [Treasury Secretary] Alistair Darling – are at least doing something, albeit not too much either … ;-) …

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