The Past is the Future is the Past

[manasecret]

Good quality interview. There must still be such stuff out there somewhere today. Just hard to find it through all the noise, maybe?

I feel laissez-faire, Adam Smith style economy is best, but I also think some government regulation is inevitable. When virtually all companies in an industry are using unethical practices and getting away with it, what other option is there besides government regulation?

But he also seems for regulation, but in a different way. For example with car pollution, he says that instead of putting in regulations forcing car companies to lower their car emissions, we should tax car emissions to give them the incentive to do it. Both sound like regulation to me. Which works better then is the question.