Most economists and left-leaning research institutes disagree with this. Transaction costs, both monetary and temporal, are always higher with more regulation a

Most economists and left-leaning research institutes disagree with this. Transaction costs, both monetary and temporal, are always higher with more regulation and governmental institutional involvement. https://www.rand.org/content/dam/rand/pubs/notes/2006/N2505.pdf https://www.rand.org/content/dam/rand/pubs/notes/2006/N2505.... https://faculty.haas.berkeley.edu/stadelis/tce_org_handbook_111410.pdf https://faculty.haas.berkeley.edu/stadelis/tce_org_handbook_... The arguments are usually about whether equity/fairness/outcomes are better, but cost in money and time is always higher.