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The original progressives at the turn of the last century were the chief advocates of government regulation of business. Most progressives today have called for much further regulations after the so-called Great Recession of the late 2000s. True or False: Your professor and public choice theory in general argue that regulations, while made in the name of the public interest, even at the local level, often serve the narrow self-interests of profit-seeking businesses and corporations.
A. True
B. False