2min chapter

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527. Can Adam Smith Fix Our Economy?

Freakonomics Radio

CHAPTER

What Would You Say to Thatcher's Critique?

I felt the policies espoused by Satya and her cabinet were cruel, callous and unnecessary. And they were creating a society which was selfish. I think the apex of that is the behaviour of the banks, which she helped to deregulate. That allowed large sections of the population to suffer badly. And I think that's, if not unforgivable, at least deserves examination.

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