In other phrasing, return often requires risky behaviors. One is able to reduce risk (by outlawing risky behaviors) if one is willing to except a permanently lo

In other phrasing, return often requires risky behaviors. One is able to reduce risk (by outlawing risky behaviors) if one is willing to except a permanently lower level of return. At the extreme, outlawing private investment (which is inherently risky) would reduce bubbles. I know of no price bubbles or market panics in North Korea.