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Then there is the case of things are illegal, but are not enforced. Leading to the question of what is the law? What is written, or how it is enforced? How man
by _tom_ 5y ago
Then there is the case of things are illegal, but are not enforced. Leading to the question of what is the law? What is written, or how it is enforced?
How many of you went above the speed limit today?
I suspect that much of what goes on in the stock market is similar.
- noizejoy 5y agoHaving driven in quite a few different jurisdictions over the years, my impression became: The safest driving speed is the one that blends with local driving culture. In some places, that’s well above the posted limits, and in others it’s quite a bit below. I suspect that degrees of being generally law abiding also vary across cultures.
- Y_Y 5y agoAt least speeding is democratised. Any asshole can go too fast. Insider trading is tough and you've got to be an insider (or at least know one). I wonder which causes more net deaths.
- jimkleiber 5y ago>Then there is the case of things are illegal, but are not enforced. Leading to the question of what is the law? What is written, or how it is enforced? Ah, I really appreciate this point. I imagine when it comes to law, I would want the goal to be the alignment of what is written and what is enforced. If law is what is written but not enforced, then it seems to be law-in-name-only, whereas if it's enforced but not written, then it seems to be, I don't know, chaotic? Haha, I can't think of a better term right now. I suppose the latter might depend on how much unwritten agreement there is amongst people on the rules. If a lot of agreement, then maybe it's more like ethics. If not much agreement, maybe it's more unpredictable, almost lawless.