The High Cost of Government Intervention

Here's a link to an interesting article by Rajshree Agarwal, a business professor at the University of Illinois. According to Ms. Agarwal, "Massive bailouts and other moves by the U.S. government to stem a near-epic economic meltdown could set the U.S. economy back by more than a half-century..."

This story presents another aspect of the "too big to fail" argument that doesn't receive a lot of press.

Interested? Click here to access the article.