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That is certainly the most optimistic version I've ever read of how regulation comes into existence. Nothing about this origin story rehabilitates regulations a
by randallsquared 6y ago
That is certainly the most optimistic version I've ever read of how regulation comes into existence. Nothing about this origin story rehabilitates regulations as a whole, however. Even if it were actually 100% true, it would still be possible for most regulations to be bad based on misunderstandings, the calculation problem, and other forms of unintended consequences. Clearly, there also exist examples of regulations enacted for less enlightened reasons.
- bsenftner 6y agoThe failure of our species to govern itself so laws are enacted is optimistic? You're statement that "it would still be possible for most regulations to be bad" is sheer lunacy. Are you listening to yourself? If I listened to your logic, I'd expect airplanes to be falling from the sky, computers are not possible, and the moon landed must be fake - because they is no way, the misunderstandings, the calculation problem, the unintended consequences... humbug.