The greatest single obstacle to efficiency is usually oneself. Unfortunately, overcoming that usually leaves the second greatest obstacle of everyone else. When left to its own devices, the market tends to solve, but too often, excessive caution ends up proving the most dangerous force to any business.
It’s easy to see the government-level examples. The crackdown in Berlin on Airbnb is addressing a legitimate problem honestly but also foolishly. The German capital is suffering a...
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