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You know who gets 100% of their income from an externality? public officials that propose dumb laws. How are we going to get that money back?
by conanbatt 8y ago
You know who gets 100% of their income from an externality? public officials that propose dumb laws. How are we going to get that money back?
- tareqak 8y agoIf you start measure externalities, then you can start predicting their expected value. Proposers of dumb laws will have to spend more effort in showing that their law is effective at whatever thing that they are trying to affect. The feedback loop will become more apparent and hopefully tighter. You won't be able to recoup that money back, but you would be able to demonstrate negligence / malice / incompetence more effectively and deal with them then as appropriate.