The practical one is that such coercion implies an unjustified claim of knowledge, even certainty.

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Virtually all such groups view coercion as a fundamental wrong, and focus on what they see as abuses of government power (including cronyism) because only the government can legally use coercive power.

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If the possibility of large bonuses indeed generates excessive risk-taking, then bank stakeholders have ample incentive to adopt such limits without government coercion.

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But I come from that wing of economic thought that says such concerns should only be about natural monopolies or where coercion to maintain one is going on.

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Weinstein, himself a graduate of the U.S. Air Force Academy, has long fought against what he and others see as a pervasive effort by fundamentalist Christians to impose their values on the U.S. military, which has been plagued for years with accusations of coercion and proselytizing by fundamentalist Christians among U.S. military personnel, as well as incendiary actions such as proselytizing among Afghans.

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