This piece in Oregon’s Stateman Journal on poverty is a must read. Author Bina Patel examines the issue of wealth creation and the relationship between government policy and poverty. Money quote:
Closing payday lending businesses, intended to protect the poor from entrapment in cycles of debt, eliminates their last possible form of available credit, leaving many struggling to […]
Entries Tagged as 'Statesman Journal (OR)'
Wisdom on payday lending from Oregon’s Cascade Institute
May 8th, 2008 · No Comments
Tags: Oregon · Statesman Journal (OR) · industry · media coverage · positive media coverage · regulation · states