The disadvantage of government regulation

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"The disadvantage of government regulation is that it interferes with the optimization of resources brought through voluntary transactions in the market. To have any advantage, you would have to posit that government regulators could produce more nearly optimum results than the market. This is never, on average, going to be the case." if that is the case what if anything can be done to remedy this and/or blunt government intervention?

Reference no: EM131138334

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