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I don't know people downvoted me. Take any freshmen econ 101 class. One of the first things they teach you is that government regulation/intervention means mark
by senttoschool 4y ago
I don't know people downvoted me. Take any freshmen econ 101 class. One of the first things they teach you is that government regulation/intervention means market inefficiency. And they keep pounding this idea over and over again throughout the course.
Am I the only one here who has taken Econ 101?
- notahacker 4y agoNo. Other people took better courses or read more widely...
- senttoschool 4y agoAt the fundamental level, any regulation is a disruption to the free market.
- verdverm 4y agoAn unregulated market is not a fair market. Companies will put the risk and externalities on others. That's why we don't let them dump chemicals into the watershed, or rather we incentivized them through regulations and fines.