Saturday, October 20, 2012

Much in what he says …

… Bryan Appleyard — The Resistible Rise of the Corporate Con Artist. (Hat tip, Dave Lull.)

The solution to the problem is subtler, though, than just more regulation, because the big players tend to gain influence over the regulators, with the result that  the regulations turn out to favor just those players and not their smaller, often better competitors.

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