There is no need to control the number of entrants [in a free market] or their prices or output in order to achieve the purity of drugs; the safety of airplanes, taxicabs, or trucks; security for bank depositors; minimum competence for lawyers; or honest or efficient stockbrokers.
Phillip Areeda, a Harvard law professor and former special counsel to President Eisenhower who literally wrote the book on antitrust analysis, in an article published in 1972. All due respect, but I hope you choked on your laundry list of reliabilities sometime earlier this century, sir.
Honest stockbrokers…hah.
