Mises Wire
Author:
Jim Fedako
Online Publish Date:
Ohio has effectively shut the door on payday lending . The state legislature — a bunch of nanny do-gooders — recognized the seen: the closing of 1,600 payday stores and the loss of some 6,000 jobs. But these same folks missed the unseen: the tens or hundreds of millions of dollars invested in these businesses; with investment losses to be suffered