"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
Regulation Red Herring
Submitted by Don Stacy on Tue, 2012-08-07 00:00
in
"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. It’s the law of excluded middle. A market is either regulated or it’s not."
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