Stigler's Razor- If a Regulation Exists, Someone is Making Money Off It (George Stigler)

George Stigler’s Razor: If a Regulation Exists, Someone is Making Money Off It

The Story We Tell Ourselves About Regulation When you think about regulations, you probably imagine stuffy government bureaucrats protecting you from dangerous products or crooked businesses. That mental picture makes sense. After all, that is what we learn in school. Regulations exist to protect the little guy from the big bad corporation. They keep our […]

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