CSPAN2 Book TV July 9, 2011
we turn those small spaces into stand-alone images of a free space of trade. of a free market. all of the regulatory framework that is necessary to create a little space like that as a space of free trade. the illusion really is to think that there can be such a thing as voluntary compensated exchange that can occur without all of the mechanisms required to put it in place. the chicago board of -- board of trade is a perfect example. and institution we think of the ideals of the space of the free market. and institution constructed through enormous regulatory intervention. in other w...