ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax
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It always befuddles me when people make legislations encouraging private firms to do their bidding, but are shocked when there are consequences. Couldn't some government bureau, whose mission was to make finances available for the poor, been established? The old addage, "if you want something done right, do it yourself" comes to mind.
That matches closely to the estimated 30% of US citizens who don't have a state-issued photo ID. Could be difficult to open a bank account without an ID.
Note: You can still drive without a driver's license.
You may have your reasoning backwards. Low income customers avoid banks because of all the fees they charge. If they didn't charge all these fees, they would have no reason to avoid them. It is only now that they have 'cracked down' on them.