Small-business loans: Strip clubs, marijuana stores need not apply
Small-business loans: Strip clubs, marijuana stores need not apply
- April 22, 2020
- Gary Richardson, economics, The Wall Street Journal, April 22, 2020
-----
Government provisions against loans to speculative businesses reach back to the early 20th century, says Gary Richardson, an economic historian at the University of California, Irvine, and have been added to most every lending institution created afterward, including the Federal Reserve.
For the full story, please visit https://www.wsj.com/articles/small-business-loans-strip-clubs-cannabis-shops-need-not-apply-11587573925.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightWhat is the Treasury-Fed Accord of 1951, and why is it important?
- Careet RightLos Angeles County restaurants struggling to keep up with inflating cost of food
- Careet RightTrump's quest for more sway over Fed faces fresh hurdles
- Careet RightGas prices in SoCal soar as war in Iran continues
- Careet RightIndependent truckers feeling pain at pump with increasing as prices