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It might not be deep and profoundly insightful, but if it sets things up in such a way that it can credibly utter the phrase "properly designed regulation" then
by GavinMcG 5y ago
It might not be deep and profoundly insightful, but if it sets things up in such a way that it can credibly utter the phrase "properly designed regulation" then it's moving in the right direction.
In other words, properly designed regulation might not be a deep and profoundly insightful solution, but it might seem that way at first glance because our political discourse is so screwed up these days.
- AnimalMuppet 5y agoThat's a really hard problem though. There are too many powerful interests, on too many sides, all trying to influence the regulations to give them a leg up. The best regulations come as a balance of the competing interests. But that requires the different interests recognize each other as legitimate, or at least as needing to be met halfway as a practical matter. It can't be done in a scorched-earth atmosphere - all that can come out of that is regulation that is differently bad.