The fact that regulations vary across the spectrum, as do aesthetics, markets, science, and legislation doesn’t tell us anything other than that we need adversarial markets to falsify the worst and discover the best.
Lemons can be solved at high cost (see Ferraris) of due dil.
Source date (UTC): 2022-12-05 14:58:39 UTC
Original post: https://twitter.com/i/web/status/1599780293879074816
Reply addressees: @JoeHDenver @BobMurphyEcon
Replying to: https://twitter.com/i/web/status/1599732219043409920
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