Yes, I think at absolute bare minimum you need regulations to keep industry from capturing/controlling government, or else the most powerful capitalists effectively become the government. I don’t know a lot of people who like that scenario.
Clearly IMO you need regulations to deal with issues markets are not addressing. Again, the environment being the prime example.
My preference is for the government to intervene in other areas, e.g. capping prices on life-saving drug. In those instances I favor the simplest laws that achieve the desired result. My understanding is as laws become more complicated and harder to understand the more convoluted (and even bizarre) companies behave.
Clearly IMO you need regulations to deal with issues markets are not addressing. Again, the environment being the prime example.
My preference is for the government to intervene in other areas, e.g. capping prices on life-saving drug. In those instances I favor the simplest laws that achieve the desired result. My understanding is as laws become more complicated and harder to understand the more convoluted (and even bizarre) companies behave.