Unregulated markets can sound scary for both the consumer and the supplier. In this video published by Learn Liberty, Howard Baetjer of Towson University argues that we have nothing to fear. Baetjer claims that regulation occurs in all markets regardless of the government’s involvement. Still unsure? Watch below and find out for yourself.
Caption: We all want the safety and dependable quality that “regulation” is supposed to provide. Government can provide it to some extent, but markets can do it better, if we let them. Howard Baetjer of Towson University explains.