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The goal of regulation is to stop the race of the bottom at some point.
by yoz-y 6y ago
The goal of regulation is to stop the race of the bottom at some point.
- ReaLNero 6y agoIs it? By regulating, you'll just create an artificial shortage. This is microeconomics 101. If you have a competitive equilibrium, you can't improve the situation for consumers and producers by just regulating prices.