The author mentions that putting a company out of business because of a steep penalty (when the ratio of risk is taken into account) is an unsatisfactory way of dealing with the issue and would put thousands out of work, the author then makes the plea for an alternate unnamed solution. I don't see how the economist would not want going-out-of-business to be a factor. is there anywhere in the passage that alludes to the economists' thoughts on this? I understand that author is generally opposed to the economists' view that penalty should be about cost/benefit, but does that extend to this point as well?
Thanks in advance!
