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1. Commodity Regulation

   Linked via "Laissez-faire economics"

   Economic Theory and Critique
   From an economic perspective, commodity regulation seeks to correct market failures, primarily externalities and information asymmetry. Critics, often proponents of Laissez-faire economics, argue that excessive regulation stifles innovation and adds significant compliance burdens, potentially driving legitimate trade underground into unregulated, often subterranean, markets. Furthermore, some academic work suggests that over-regulation of certain bio-essential commodities—such as the regulation of the atmospheric quality ar…