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The central problem with regulators is you need people who know what they're regulating, meaning industry insiders. But then you have conflicts of interest. Ce
by skookumchuck 10y ago
The central problem with regulators is you need people who know what they're regulating, meaning industry insiders. But then you have conflicts of interest.
Centralized economic planning never works well, anyway, regardless of how many trained economists are at the helm.
- maxxxxx 10y agoThere is centralized economic planning in the area of patents, copyright, theft and many other things. Is that also burdensome regulation?
- skookumchuck 10y agoDo you think the patent and copyright system is well run? As for theft, that is the justice system, and is not economic management.