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There's a long history of fraud in every area of human enterprise. Doesn't mean we need to regulate everything.
by lgieron 13y ago
There's a long history of fraud in every area of human enterprise. Doesn't mean we need to regulate everything.
- dalke 13y agoAgreed. And I never said we did. I said that markets with a high degree of asymmetric information and long equilibration times need good regulation to prevent likely but culturally unacceptable practices.