The credit snobs
March 24, 2008 | Virginia, positive media coverage, states | Comments (0)Alex Tabarrok, an associate professor of economics at George Mason University, has an excellent piece on Marginal Revolution “The Credit Snobs”– referring to those who believe “credit is something only the rich can handle.” He concludes, “The democratization of credit worries the credit snobs. The credit snobs fear that capitalism isn’t just for the rich.”
If you’ve got two minutes, read his post. Well put Mr. Tabarrok.
