Foundation for Economic Education
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Credit-Card Bill of “Rights” Passes House
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“Responding to anger and frustration from consumers, and a push from President Barack Obama, the House of Representatives on Thursday passed sweeping legislation aimed at shielding consumers from sudden credit card rate increases.” (Baltimore Sun [1], Friday)
Law of unintended consequences? What law of unintended consequences?
FEE Timely Classic
Economics in One Lesson [2] by Henry Hazlitt
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/creditcard-bill-rights-passes-house/
URLs in this post:
[1] Baltimore Sun: http://www.baltimoresun.com/news/nation/bal-te.congress01may01,0,4203673.story
[2] Economics in One Lesson: http://fee.org/library/books/economics-in-one-lesson/
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