Regulation Works

Re “Deregulation Dementia,” Commentary, March 9: John Balzar is precisely correct. We need regulation in the business world and in our everyday lives for the same reason we need laws: to control and to punish the dishonest and to help provide a level playing field for the honest. Why would honest people ever pray at the false altar of deregulation?

D.A. Papanastassiou

San Marino