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[–] 42 points 3 months ago (1 child)

Who knew cartels were bad for markets? I am sure economists and regulators were screaming at legislators for years but I guess they couldn't hear them over the sound of the bags of dirty lobbyist money landing on their desks.

And then there are the financial "irregularities" funding the AI boom which are also not getting any attention.

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  • [–] 2 points 3 months ago

    Who knew cartels were bad for markets? I am sure economists and regulators were screaming at legislators for years

    Unfortunately there's plenty of economists that still believe in hardcore libertarianism, which is what led to our current situation

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