Information Regulation that Hasn’t Worked
By Jim Harper
When Senator William Proxmire (D-WI) proposed and passed the Fair Credit Reporting Act forty years ago, he almost certainly believed that the law would fix the problems he cited in introducing it. It hasn’t. The bulk of the difficulties he saw in credit reporting still exist today, at least to hear consumer advocates tell it. [...]
Information Regulation that Hasn’t Worked is a post from Cato @ Liberty – Cato Institute Blog