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6min chapter
Mark Calabria on Shelter from the Storm
The Great Antidote
The Importance of Incentives in Government
No matter what the cause of a crisis, financial institutions and industries seem to immediately ask government for rescue in different ways. We're asking the government to cover a few mistakes is more common than I would like it to be," he says. "We do need to essentially name and shame" those who continue to come to Washington and ask to be bailed out by their own mistakes.
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