2 ms·
I'm really tired of people trying to set an equivalence between free markets and lack of regulation. I don't know if that's exactly what you're trying to do but
by rtpg 13y ago
I'm really tired of people trying to set an equivalence between free markets and lack of regulation. I don't know if that's exactly what you're trying to do but:
A free market is a very specific definition, there are things like atomicity of actors and whatnot. Loads of regulations can help meet that, for example:
-Governments handing out tax credits to new companies helps free markets
-Governments setting in anti-trust laws helps free markets
-Governments setting disclosure regulations helps free markets
Some regulations harm free markets (namely things like entry controls), but others protect it. We need to learn to make the distinction