I’ve always believed anarchy was a wonderful governance methodology — for very small communities of highly intelligent, self-aware individuals. I do not find the methodology scalable.

Pure free market principals suffer from the same problem. The free market involves informed actors making rational decisions. Rational is the word that always stood out to me — how many decisions (purchasing or otherwise) are truly rational?

But a recent report regarding a study from before there were regulations about disclosing the source of a study’s funding highlights the “informed” component. How can you be an informed actor without regulations that ensure the “facts” are not being paid for by industry associations?

This isn’t to say I believe we limitless regulations to avoid the possibility of an individual making a poor devision, or that it wouldn’t behoove us to review existing regulations to determine if they are still sensible. But I cannot understand anti-regulation fervor.