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I feel that critiques of regulation focusing on quantity instead of quality miss the mark. Regulation to protect and empower consumers usually differs substant
by khafra 18y ago
I feel that critiques of regulation focusing on quantity instead of quality miss the mark. Regulation to protect and empower consumers usually differs substantially from regulation designed to create barrers to entry. Regulation protecting the environment and other third parties can have barrier-type consequences, especially if its creation is influenced by corporate lobbyists, but it's certainly possible to do well.
What we need is intelligently designed regulation; more "source lines of legislation" isn't necessarily worse, if it covers edge cases well.
The real problem, of course, is the incentive structure for the people who vote on the legislation. It needs fixing, probably by some large, concerted effort of very smart people and a national referendum.