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Once the government enacts a solution, there is reduced incentive for the market to come up with a better solution. For example, people want clean cars. Govern
by maratd 9y ago
Once the government enacts a solution, there is reduced incentive for the market to come up with a better solution.
For example, people want clean cars. Government mandates cleaner cars. Cars are now clean enough to make most people happy, but still somewhat dirty. If government didn't act, the overwhelming number of people who desired clean cars may have pushed the market to switch to electric cars. That's happening much more slowly now, because the solution the government implemented was "good enough" for most people.
- vacri 9y agoMeh. I saw this kind of reasoning on P & T's Bullshit, where they had a local business owner complaining about government regulations mandating the minimum number of parking spots for people with disabilities. Both Penn and the guest were crapping on about this while standing in a nearly empty parking area, and both saying that if it weren't for government regulations, the local businesses would create more disability parking spots, to pull in more business. The elephant in the room, of course, was that the government only mandated the minimum - there was nothing stopping the local businesses from creating more than that which, of course, they absolutely did not do. This is the essence of libertarianism in reality - a whole lot of complaints on restriction of activity and "if we were more free, this would happen", but never any follow-through.