I agree in principle. I would also argue that there should be a bias toward informational and clarity-enforcing regulation as opposed to specific action regulat

I agree in principle. I would also argue that there should be a bias toward informational and clarity-enforcing regulation as opposed to specific action regulations. I.e. regulations that say, "you must disclose this clearly and transparently" as opposed to, "your widget must be minimum 12mm wide". That said, regulations that are less specific in the text of the law often yield cumbersome lawsuits and may end up with a huge volume of case law. Just because the law is 2 pages long doesn't mean you don't need an army of lawyers to comply with it. They'll just be parsing 2,000 page case law briefs and judicial rulings. Of course even specific laws generate lots of case volume, but still, short laws aren't a panacea. Smarter laws that seek to even out knowledge in the marketplace might be a better way to go as the economy gets more complex.