3 ms·
If they think it's the government's fault, that's not necessarily a barrier to agreement on a course of action. If there's a law that can pass that libertarian
by rectang 9y ago
If they think it's the government's fault, that's not necessarily a barrier to agreement on a course of action. If there's a law that can pass that libertarians can call "deregulation" I could potentially get behind it so long as it has the desired effect.
For instance, it's my understanding that laws exist which protect the big three credit authorities. What are those laws, and what the prospects for changing them?
- maxxxxx 9y agoDon't expect anything. Libertarians have no real answer for health care and they have no real answer for dealing with the credit agencies.
- ikiris 9y agoYes they do, you just don't like that the answer is let them die.
- rectang 9y agoI love the answer of letting them die. The negative externalities of the big three CRAs exceed value they provide and if the market could respond to those externalities, they would go under. However, would whatever replaces the big three exhibit the same negative externalities and recreate the same situation of market failure?
- 8note 9y agoI think the more apt comparison to letting people die if they can afford healthcare is for Equifax to make all their data public, and you can pay Equifax a couple thousand a month to make data about you private.
- rectang 9y agoMeh, I misunderstood who "let them die" refer to -- I thought it was the CRAs, not people. :\ I still feel like your analogy doesn't adequately capture the negative externality in the identity theft that the CRAs enable. In a healthy marketplace, the cost of that identity theft would be borne by the people who profit from it, not innocent third parties. How do we get to a marketplace where that crushing cost falls upon the deserving party, dissuading them from their destructive course? We need to acknowledge that the quantitative change in the accessibility of personal credit information amounts to a qualitative change, justifying a rethink about who owns it.
- ams6110 9y ago> Meh, I misunderstood who "let them die" refer to -- I thought it was the CRAs not people. No, you understood correctly the first time.
- mikeash 9y agoIt seems like they don’t like that answer very much either. In my experience, it’s really hard to get that out of most libertarians.