Wal-Mart banks, overdraft protection, and consumer rationality

By Todd Zywicki on May 12, 2014

As posted on the Volokh Conspiracy, Todd Zywicki has some thoughts on Wal-Mart banks and some very sage advice: Regulators cannot wish away the need of low-income consumers for credit¦. Congress can pass all the laws it wants, but it can’t repeal the law of supply and demand and the law of unintended consequences. Read his full article here.