"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Free Markets Are Regulated
Submitted by Westernerd on Sat, 2011-05-28 03:00
We do not need “regulation” in the sense of State intervention for markets to generate socially beneficial outcomes. And when we do attempt to “regulate” them through the State, the result is a variety of undesirable unintended consequences.
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