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The sector must be much more regulated, he says.
A smaller, humbler, more regulated financial sector will emerge.
But these are in less short supply, and the mining is more regulated.
"Obviously, as we start doing this more and more it will be much more regulated".
"Firearms and ammunition are becoming more regulated and controlled in many parts of the world," he said.
For that reason, people in those societies may prefer more regulated labor markets".
It is strictly monitored that as little toxics as possible leak into the sea and labour laws are more regulated.
Nevertheless, Day fears European leaders will continue to focus on restricting entry rather than making it safer and more regulated.
This means that a certain domain is less likely to become more regulated if regulations are already very stringent.
The financial system will be more regulated.
But landscape contractors are more regulated than doctors these days.
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