The Case for Consumer Protection (Guru Focus)

The Case for Consumer Protection (Guru Focus)

My friend Elliot and I have an ongoing debate about the role of regulation and whether or not any government regulation can be effective in the slightest. Elliot is a by all accounts a smart guy. He has an MBA from Carnegie Mellon and works at a respected leverage finance firm in the Midwest. But, his intelligence and understanding of markets are what make his opinions on the inability of the ...

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