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Considering how haphazardly people demand regulation, I'm not sure reasonable people do understand the costs of regulation. Every time regulatory capture happen
by Mirioron 7y ago
Considering how haphazardly people demand regulation, I'm not sure reasonable people do understand the costs of regulation. Every time regulatory capture happens people are somehow really surprised and the excuse is always "we just wanted to help".
There are undoubtedly regulations that are vital, but there are many that cause silly situations that can have bad consequences. Also, it's not like regulation is guaranteed to even solve the problem in the first place.
- ptah 7y agoit does in europe and china
- Angostura 7y ago> There are undoubtedly regulations that are vital, but there are many that cause silly situations that can have bad consequences. Mandating basic standards to ensure that products sold to children are non toxic seem vital enough. Whether this is the best way of managing that, is a different matter.