Editor,
If, as you asserted in "Fear of Regulating" (3/3/2008), market discipline is a fantasy in domestic markets, why is market discipline not a fantasy in international markets?
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About Me
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- Bill Appledorf
- I like the way birds tell each other when someone is approaching, how briefly they swoop in to feed on berries in the wild, how they fly away as fast as they possibly can after pecking off a morsel or two, and how big the creek behind where I am staying gets when it's been raining hard for a few days.
Click here to hear me play a tune.
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