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The prosocial case for regulatory arbitrage is that regulations can be good or bad but either way are usually sticky- so when they’re bad they’re bad for a long
by AbrahamParangi 5y ago
The prosocial case for regulatory arbitrage is that regulations can be good or bad but either way are usually sticky- so when they’re bad they’re bad for a long time. Societies, like all things, accumulate cruft over time and without arbitrage bad regulations won’t get reset until govt or economic collapse forces a major reset.
Arbitrage offers exposure to a world without some regulation and people can decide if they like that or not.
- kevinventullo 5y agoRight. Regulatory arbitrage aside, I think it’s hard to make the case that Uber was anything but a massive improvement over incumbent taxi companies.