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I'm not sure more regulation is the way forward though. Maybe in the short term, but certainly not long term...
by pierrefar 19y ago
I'm not sure more regulation is the way forward though. Maybe in the short term, but certainly not long term...
- mixmax 19y agoIdeologically I agree with you, but regulation seems to have worked well in the EU.
- pchristensen 19y agoDitto. A perfect market wouldn't need regulation, but we're far from a perfect market. The barriers to entry (both financial and regulatory) means that there isn't much competition, so regulation can help. Regulation isn't perfect, but neither is our implementation of the market.
- anamax 19y agoThe solution to the barriers imposed by regulation is regulations? I'm reminded of the "danger, low sign" sign.