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The argument against 'too big to fail' presumes that such a thing doesn't exist. I.e., it isn't government's role to prop up corporations, regardless of the eff
by ja30278 17y ago
The argument against 'too big to fail' presumes that such a thing doesn't exist. I.e., it isn't government's role to prop up corporations, regardless of the effect their failure _might_ have on the economy. In that view, deregulation, even if it encourages companies to become large, isn't a 'problem', so there isn't any inconsistency.