Filed Under: Anything Peaceful
Tags: charles schumer • entrepreneurship • free market • harold demsetz • knowledge problem • nirvana fallacy • regulation
TGIF: Bad Regulation Drives Out Good
In 1969 economist Harold Demsetz identified an important flaw in much public policy analysis, the “Nirvana Fallacy.” We would do well to keep it in mind as we think about solutions to the current economic problems.
The rest of TGIF is here.









