How the Future of Derivatives Markets Can Benefit Farmers

M. Todd Henderson June 15, 2022

Wall Street Journal View Original Source

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Regulation is justified when it serves the public interest, but it is frequently motivated by the economic self-interest of powerful groups. Economists call this the “bootleggers and Baptists” phenomenon—those likely to profit from trade in illicit alcohol push for regulation alongside the moralists hoping to protect the vulnerable.

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