Re: Absolute Scandal
For the most part, government has only attempted to prevent fraud and other cheating since the New Deal. While not a primary cause fraud, land swindling, cattle watering and stock market manipulation played a major role in the Great Depression.
I am not as certain as most that the prevention attempts by government have been effective. I do think that the government has been effective in spreading and sharing the cost of such illegality. So in that respect, IMO the intervention by government that began in the New Deal has helped in preventing another Great Depression.
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