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IMO the problem is that the government meddles with the market to begin with. I know I'm in the minority, but I believe a clean separation of government and mar
by tetrometal 6y ago
IMO the problem is that the government meddles with the market to begin with. I know I'm in the minority, but I believe a clean separation of government and market would remove the incentive for regulatory capture without damaging free speech rights.
- ardy42 6y ago> I know I'm in the minority, but I believe a clean separation of government and market would remove the incentive for regulatory capture without damaging free speech rights. That's myopic though. It's true your "clean separation" would "solve" the problem of regulatory capture, but it would simultaneously re-introduce the problems that regulation has successfully solved [1]. Society is a dynamic system of tradeoffs; solutions to societal problems that are tidy, good, and stable are ever-tempting chimeras. [1] https://www.smithsonianmag.com/history/cuyahoga-river-caught-fire-least-dozen-times-no-one-cared-until-1969-180972444/ https://www.smithsonianmag.com/history/cuyahoga-river-caught...