"extensive government regulation and oversight and intervention throughout the economy is also unlikely to prevent major problems" - I see this recurring theme

"extensive government regulation and oversight and intervention throughout the economy is also unlikely to prevent major problems" - I see this recurring theme over and over again. Government vs free markets. The belief that some supernatural entity (the invisible hand on the free market) will make us all happy in the end is refuted by all human experience in the last millennia. As Karl Popper once said "Truth is not manifest". Humans will have to hack their environment continually in the face of hardship and arbitrarity - and in a democracy, the elected government is given the responsibility to execute that mission. Nature has not evolved to make humans happy, it's our task to make our world (economy) better - one hack at a time ...