Monday, May 21, 2007

Tanta Goes Wild

by Ken Houghton

Scratch a free-marketer, and you’ll find someone who secretly believes that a vast, heterogenous, discontinuous, non-centrally-planned and inconsistently regulated industry with participants who enter and exit over time not only can be but has been reporting uniform historical data to some central database which is freely and unproblematically available to the public, and therefore any inconsistency or incommensurate data must be another Enron.

Read the whole thing here.

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