4 ms·
Are we having a market failure, or a failure to have a market?
by b6 9y ago
Are we having a market failure, or a failure to have a market?
- rectang 9y agoI'm content with either framing. Both can be fixed through deliberate construction of a market using regulation. But in the US, we don't acknowledge that we are already regulating, and we are wholly ideologically committed to the notion that "regulation" is bad.