4 ms·
> I'd rather be alive than have a couple more percentage points of economic growth every year. That seems rather disingenuous to me. The real question is: wou
by RickHull 16y ago
> I'd rather be alive than have a couple more percentage points of economic growth every year.
That seems rather disingenuous to me. The real question is: would you pay more up front to reduce the risk of a catastrophe?
When the government mandates, you don't get to answer. It's a downside.
- weavejester 16y ago> When the government mandates, you don't get to answer. It's a downside. It's also an upside, as it avoids a social trap[1]. If companies can choose what they want, those that spend less will have a short-term advantage over those that spend more. If the government mandates a certain level of quality, then there's no competitive advantage to cutting corners (assuming the regulations are well enforced). [1]: http://en.wikipedia.org/wiki/Social_trap http://en.wikipedia.org/wiki/Social_trap