3 Matching Annotations
- Mar 2023
-
www.nytimes.com www.nytimes.com
-
Another way to widen the pool of stakeholders is for government regulators to get into the game, indirectly representing the will of a larger electorate through their interventions.
This is certainly "a way", but history has shown, particularly in the United States, that government regulation is unlikely to get involved at all until it's far too late, if at all. Typically they're only regulating not only after maturity, but only when massive failure may cause issues for the wealthy and then the "regulation" is to bail them out.
Suggesting this here is so pie-in-the sky that it only creates a false hope (hope washing?) for the powerless. Is this sort of hope washing a recurring part of
-
- Jul 2022
-
Local file Local file
-
Speculation, herd exuberance, irrational optimism, rent-seekingand the temptation o f fraud drive asset markets to overshoot andplunge - which is why they need careful regulation, something Ialways supported. (M arkets in goods and services need lessregulation.)
-
- Oct 2021
-
www.theatlantic.com www.theatlantic.com
-
When the most powerful company in the world possesses an instrument for manipulating billions of people—an instrument that only it can control, and that its own employees say is badly broken and dangerous—we should take notice.
-