In fairness to hyak, he does not, he is not an optimiser. He's making evolutionary arguments for the benefits of markets. One question that we need think about is what happens when economic activities become sufficiently complex that it is impossible for regulators to keep up with them. There are a whole bunch of other questions springing from that, which are probably too far afield for us to discuss in aa timet. Andthe and i think t at there are some other very interesting twists.

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