Dustin, just a exquisitely constructed article that debunks the myth of unfettered libertarian economic theory. Economic markets are not self-regulating. The 1837 recession, 1929 depression and the 2008 near apocalypse proved that prudent and carefully conceived regulation can spur markets to greater growth potential. Consider that the auto industry now sells cars with safety as a key and significant purchasing feature, yet when the first seat belt law was passed in the early 1970s, the auto industry warned that any safety restrictions would drive them out of business. Now, it is their business.
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I am a South Jersey-based writer who manages Podcast Reports on Blogger and have a book available on Amazon about podcasts and podcasting called “Ear Worthy.”
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