"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
The Failure of the Regulatory State
Submitted by strike on Sun, 2008-10-26 17:00
in
?It is a different lesson that should be drawn from the current crisis, namely that the best way to regulate the market (that is to say, to ensure its proper working) is to allow it to function freely and not to restrict it with statutory regulations.? By Pascal Salin.
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