Doctor Syntax Re: "In fact regulation as evils is no argument at all."
Indeed Doctor Syntax, I entirely agree. Adam Smith the Grandfather of modern capitalism (born 1723) and a keen supporter of free markets understood that ensuring they function as intended required regulation. Possibly his most famous quote is the following:
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices”.
The fact of the matter is, as you point out, we regulate markets for a number of reasons to ensure that they are efficient and constructive rather than inefficient and destructive. This is a classic example of where the lack of regulation is having very unfortunate and destructive effects which impact everyone on our little rock. Whatever the barking wing of the neo-liberal school of economics may believe regulation is the saviour of a constructive and efficient market economy. Without it the system would eat itself.