What practical value is there to noble titles in Spain? *Lunatic*, n. One whose delusions are out of fashion.
It probably also helps in making restaurant reservations. Anything else?
I am not sure such a law can be made retroactive. The peak-to-trough part of the business cycle is an outlier. Carnot would have died laughing.
So, why is it regulated? *Lunatic*, n. One whose delusions are out of fashion.