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I think it would be really interesting to see what would happen if cities explored more of using their regulatory powers to get better deals for their citizens.
by cjhopman 6y ago
I think it would be really interesting to see what would happen if cities explored more of using their regulatory powers to get better deals for their citizens.
You may initially recoil at that framing of it, but really most regulation can be thought of in those terms. Look at environmental regulation, which forces a cost on companies that they wouldn't otherwise be paying to serve some area's interest in protecting the environment. Look at licensing for any profession. Take contractors for example, the people of an area, via their elected representatives, decide that they want to force all contractors to meet some form of licensing (and insurance) requirements if they want to serve any of the people in that area. Now, particularly the insurance one, puts a burden on the contractors who wouldn't otherwise get it, but it protects the ones who would (from being undercut in an unsustainable way) and it leads to an industry that serves that area better than it would otherwise.