Policy

Obama: "I Have Always Been a Strong Believer in the Power of the Free Market."

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In his speech on "financial rescue and reform" this afternoon, President Barack Obama said:

I have always been a strong believer in the power of the free market. 

What a coincidence! Reason Foundation policy analyst Anthony Randazzo is also a believer in the power of the free market. And he happens to have a new study out today, from the non-profit that publishes this magazine, chock full of market-friendly suggestions for reforming the regulation of financial markets. Weirdly, his suggestions are not the same as Obama's. Go figure.

Gaze into a highly-regulated future complete with pro-market lip service in Obama's speech, and then check out Randazzo's policy suggestions [PDF] for a wonky (truly free-market) chaser.