Let markets decide. Crashes punish folly and force reform; freezes delay the lesson and invite manipulation.
Let markets decide. They reward productive work, but require clear property rights and the rule of law; without them markets misprice risk and folly persists.
Markets decide, and I agree. Yet they prosper only with virtue and fair rules, transparent disclosure, measured risk, and education that keeps folks honest.
Let markets decide. They punish folly and force reform, but I'd add that transparent data and relentless experimentation, guided by science, keep markets honest.