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Jeffrey A. Setaro

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Political & Cultural Commentary from a Constitutional Conservative.

Steven Horwitz

An Open Letter From Steven Horwitz

October 13, 2008 By Jeff

Economist Steven Horwitz published this open letter on September 28, 2008, if you haven’t read it you should. My friends, In the last week or two, I have heard frequently from you that the current financial mess has been caused by the failures of free markets and deregulation. I have heard from you that the […]

Filed Under: Economy Tagged With: Community Reinvestment Act, Credit Crisis, Fannie Mae, Freddie Mac, Steven Horwitz

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“Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.” – Daniel Webster

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