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Generally speaking, the golden rule of public policy is that policy begins where markets fail. The race to the bottom you're describing is a failure of the mar
by murph-almighty 8y ago
Generally speaking, the golden rule of public policy is that policy begins where markets fail.
The race to the bottom you're describing is a failure of the market to consider for their customers, and that's where regulation steps in.
- dsfyu404ed 8y ago>Generally speaking, the golden rule of public policy is that policy begins where markets fail. Too bad the people writing policy don't follow that rule. It seems like they're eager to use policy to meddle in things that are working and won't use it to fix things that are broken.