it's tremendously naive to believe that a lack of regulations ... will cure our ills. ... It's about balance. You'll have to first account for two words: "regu

it's tremendously naive to believe that a lack of regulations ... will cure our ills. ... It's about balance. You'll have to first account for two words: "regulatory capture". Until you can find a miracle to get around that problem, regulation is in the long run destined to be turned inside-out and used to sustain the industries. Look no farther than the current debates about various IP problems for an example.