It's how the US government operates, so it can't be that rare. Looking at the past 40 years, the answer to those "failure modes" is nearly always "less regulati

It's how the US government operates, so it can't be that rare. Looking at the past 40 years, the answer to those "failure modes" is nearly always "less regulation". Economic actors are almost never forced to be responsible for their externalities. It's un-American to regulate any market: "Government is not the solution to any problem. Government is the problem."