I get that, but libertarians are under the assumption that The Market Can Do No Wrong, which is why regulation seems like a big bogeyman to them. I take the more balanced approach that both heavy-handed regulation AND the free market can be wrong, instead of taking a dogmatic idealistic stance on it. It's a case-by-case basis. Some regulation is good, some competition is good, it all depends on the context.
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Re: Note to the economically ignorant:
Date: 1/10/11 04:53 (UTC)