Added: 5 months ago
From: friedkat
Views: 2,236
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  • Think that's my new mantra: "The most effective form of regulation is if you make errors ... you go out of business. If you have regulation which does not have that threat, you might as well not have the regulation." So, true across the board, even for sovereigns: capitalism does not function without bankruptcy as one of its possible outcomes.

  • thanks for posting. Is there a link to the whole program ?

  • @DavidAKZ Sure, in UK you can watch it on BBC iPlayer:

    w w w.bbc.co.uk/programmes/b00v7yl­g

    At the time of writing the episode is available for a further 26 days.

  • @friedkat Not available in your area (Australia) ! Don't suppose you could mp3 ize it and email me ? Thanks anyway

  • I love my teacher, Hugh Hendry.

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