The main public claims against Michael Milken back in 1990 are today mainstream and widely understood as beneficial, whereas the technicalities that sent him to prison and banned him from the financial industry remain as opaque today as then. This podcast (8:01) argues that criminalizing innovation not only took a financial genius out of commission, but sent a signal to other would-be innovators not to be overly creative. It may even have reduced economic growth and cost you your job.
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