Blog

So now the government is to step in and undo companies that are “headed” for collapse. This seems to us yet another step forward into a kind of bizarre alternative universe where free-markets are controlled and free-enterprise is managed. Anyone who has lived more than a few decades on the planet in a Western regulatory democracy must know at this point that regulatory authorities consistently fail. A larger dominant social theme here is, “We just have to keep trying until we get it right.”