A New Reconstruction Corp. : No Cure for U.S. Economic Ills
Publication Date: December 1983
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Richard B. McKenzie
Research Area: Banking and finance; Economics
Keywords: Economy
Type: Report
Abstract:
Contrary to the admirable intentions of its sponsors the evidence argues persuasively that an RFC would not reinvigorate the economy as predicted. Rather, it would merely insure political subsidies of faltering corporations, imposing yet another government drag on U.S. economic development.
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