The best overall regulation the U. S. could impose is to limit the size of every financial institution so that the possibility of out right failure guides every actor.
Thursday, August 25, 2011
Libertarian Pollicy to Libya
Libya is going to make Iraq seem like a walk n the park once Qaddafi is gone. There is nothing that we can do about it other than to encourage the rebels to split it up into its various tribes. From the square shape of the country it's apparent it was made up by a colonial power. Any semblance of institution has been destroyed. The country is tribal and any attempt to make it different will be the bloody basis of another despotic reign.
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