A fail grade for market deregulation

All too often the move from a regulated to unregulated market reduces competition – as the government's latest 'fixes', which have broken higher education, show.

That statement might appear to be either a recantation of everything I’ve ever argued, or a sign of the usual tale of left-wingers moving to the right, and right-wingers to the left, as life experience tempers youthful exuberance. It’s neither (well, okay, maybe it’s a bit of the latter), because my developing position reflects the complexities of a mixed economy.

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