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There's a difference like night-and-day between regulated markets and government-provided services.

If I had my druthers, finance, real estate, and health care would be run by the government. If I couldn't get that, I'd have at least real estate and health care almost completely deregulated -- some transparency and truth-in-advertising laws, but not much more.

It's often painted as a scale from free markets to regulated markets to government-run, but I'm not sure that's a fair model. In many cases, the so-called mid-point of regulated markets works the worst.



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