KPC reads Andrei Shleifer's recent paper on efficient regulation and gets off a nice one:
Actually, it's easy to explain. Regulation makes it possible for felons like Andrei Shleifer to steal millions. There, that puzzle is solved!
Background here.
KPC reads Andrei Shleifer's recent paper on efficient regulation and gets off a nice one:
Actually, it's easy to explain. Regulation makes it possible for felons like Andrei Shleifer to steal millions. There, that puzzle is solved!
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