> The US economic policy in the 10s and 20s is a candidate for the cause of the crippling depression in the 30s Or too little regulation. Or too the wrong kind

> The US economic policy in the 10s and 20s is a candidate for the cause of the crippling depression in the 30s Or too little regulation. Or too the wrong kind. Or something else. I'm not arguing for or against current US economic policy. This is the theory: Without any regulation, one or a few actors can grow large and stifle any competition and innovation. This theory seems to be proven by history. Some might say: "that wasn't a *real* free market". Just like some might say: "that wasn't *real* communism". These both need some strong arguments to back them, or they come off as No true Scotsman (https://en.wikipedia.org/wiki/No_true_Scotsman https://en.wikipedia.org/wiki/No_true_Scotsman)