3 ms·

I'd point you to this paper pasted above: "https://repository.law.umich.edu/cgi/viewcontent.cgi?article=1709&context=articles" https://repository.law.umich.edu/

• bumby 7y ago
  Unfortunately the link is throwing an error me. If it's related to the bankruptcy law, I'm not advocating that it is moral. I'm saying it's part of a complex system that a simple repeal may have unintended consequences. From my experience in an organization specially tasked to help redesign problem processes, I can only say that every single time someone thought a simple solution would cure a complex issue, they were wrong. I'm sure there's an occasional case that could be the exception to prove the rule, but it became such an inside joke that my boss had a desk placard that read (tongue-in-cheek), "All you've got to do..." Unfortunately, for those adamant about their idealized simple fix, they could only be convinced by seeing it fail.
  • breck 7y ago
    Oh, I imagine there would be a number of 2nd order effects. Another commenter mentioned that we might then see bankruptcy records preserved for 20 years, not 7. You are right about that for sure. It's like a big refactor. Often hugely worth it in the end, but lots of problems crop up along the journey. I still think simplicity is the thing to fight for. Corruption hides in complexity.