Is It the Central Bankers Responsibility to Be Your Nanny?

The capital markets regulator in india has recently said that it plans to ask new wage tech companies to justify the pricing of shares for their initial public offerings. The reason we have overprized stolks is not because regulators are not doing their job, says Professor Ravi Agrawal. "It's not the regulators job to be your nanny, to be a baby sitter when you take"