The substantial effort necessary to make this technical, cooperative arrangement work may outweigh the benefits to society. In the end, the effort put into keeping such an arrangement alive might be better invested in making sure that we make the licensing procedures as smooth as possible.
*** The onset of far greater flexibility in recent years in the labor and product markets of the United States and the United Kingdom, to name just two economies, raises the possibility of the resurrection of confidence in the automatic rebalancing ability of markets, so prevalent in the period before Keynes.