Most people believe that government must regulate the marketplace. The only alternative to a regulated market, the thinking goes, is an unregulated market. On first glance that makes sense.
The rest of TGIF, "Regulation Red Herring," is here.
Delegitimizing the state since 2005
"Aye, free! Free as a tethered ass!" —W.S. Gilbert
"[A]ll the affairs of men should be managed by individuals or voluntary associations, and . . . the State should be abolished." —Benjamin Tucker
"You must first enable the government to control the governed; and in the next place oblige it to control itself." —James Madison
"Fat chance." —Sheldon Richman
Most people believe that government must regulate the marketplace. The only alternative to a regulated market, the thinking goes, is an unregulated market. On first glance that makes sense.
The rest of TGIF, "Regulation Red Herring," is here.
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