The issue is not fetters vs. no fetters. The issue is what sort of fetters work best – what sort of fetters are most likely and most consistently to fetter firms and consumers to do what is best over the long run.The balance of the post provides The Message. I earn my modest living filling in the details. Does it therefore follow that I profit by the ignorance of others, particularly those who speak loosely of "unfettered markets?"
9.11.04
WHAT HE SAID. Don at Cafe Hayek provides The Theme for my upcoming public policy class (yes, sabbaticals come to an end ...)
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