You may not realize this, but there is a similiar argument happening in the Accounting world. You are basically arguing for Rules (Clear, Bright Lines) instead

You may not realize this, but there is a similiar argument happening in the Accounting world. You are basically arguing for Rules (Clear, Bright Lines) instead of Principles: There is already a current debate about this in the accounting world in GAAP vs IFRS and it has nothing to do with morality. One of the advantages of GAAP, as you seem to be arguing is the reduction of risk since the rules are clear, unfortunately, the downside is the ability to circumvent them. it is also funny how investors feel about accounting standards when it is THEIR money at risk and not the governments. https://ifrsusa.wordpress.com/2011/04/05/which-is-better-%E2%80%93-principles-or-rules/ https://ifrsusa.wordpress.com/2011/04/05/which-is-better-%E2...