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Low regulation is a necessary but not sufficient condition for innovation. Restating it isn't convincing. Innovation didn't stop when slavery was banned, innov
by jodrellblank 7y ago
Low regulation is a necessary but not sufficient condition for innovation.
Restating it isn't convincing. Innovation didn't stop when slavery was banned, innovation didn't stop when Romans mandated that bread sellers sold a fair amount of bread, or when weights and measures were standardised in commercial transactions, or when mains electrical devices had to be earthed/grounded/double-insulated.
"You can't pollute groundwater with careless discharge of nuclear waste" - innovate within that constraint.
- coolspaz 7y agoIt's not just about regulation . The eco-liberals of the 80s and 90s actively influenced the political landscape to stop nuclear power, which also caused companies to halt investments. We shouldn't be rewriting history now that we see that nuclear power could have actually prevented global climate change.