It's funny, because I initially thought the title was about regulators as in "government regulators", not about control theory. Even more interesting is the fa

It's funny, because I initially thought the title was about regulators as in "government regulators", not about control theory. Even more interesting is the fact that this idea from control theory in fact completely transposes to government regulation, as in: it'd be really good if regulators had the faintest idea what they're doing (aka in a perfect world, they would have a somewhat decent model of the system they're trying to regulate). Except ... that's very probably not the case ... (I'm looking at you economists).