4 ms·
Easy, no. Necessary, yes. Imagine a world where regulations only grow on the whole. How far out do you have to extrapolate that system for it to implode under i
by eloff 7y ago
Easy, no. Necessary, yes. Imagine a world where regulations only grow on the whole. How far out do you have to extrapolate that system for it to implode under its own weight? That can happen to nation states too...
- tatersolid 7y ago> Imagine a world where regulations only grow on the whole. This is the world in which we currently live.
- tathougies 7y agoRight and it leads to several negative externalities, such as high income inequality: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2869155 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2869155
- jklehm 7y agoIs the idea that they are never refactored? I don't know that that's true, we see changes to the regs somewhat often: simplifications, clarifications typically?