Discover and read the best of Twitter Threads about #RegulatoryEc
Most recents (1)
"We ❤️ #FAANG #monopolists " Beware #Goebbles says :" If you tell a lie big enough and keep repeating it, people will eventually come to believe it." (Hint: Count how many times we have heard this same #theme, in the same #media, by the same #authors)
2/goe #Economics101: If in an industry, u create a counter to an existing monopoly, u turn it into a duopoly, if u create 2nd counter it becomes an oligopoly. The first step in creating completion. The second step is to create a regulatory system that fosters/promotes competition
3/goe #RegulatoryEc The danger to society from #Asymmetric info & #moral hazard in #Finance was 10x that of goods monopolies, the danger from #SocialMedia & #E-com monopolies is 10x that of Financial collapse! Need 21st C regulations for latter! 🙏🏼don't make it a partisan issue
