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> it's also true the world is mostly made of shit companies.

Hence, regulation.



Regulations are even worse. Hayek explained how regulations are the main drivers of shitty companies.


Worse how?


To say the least, requiring FDA to approve drugs and medical doctors get licenses actually harm citizens. These claims might seem absurd at first glance, but please give Hayek's book "The Road to Serfdom" a read before contending. Hayek changed my whole life.




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