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Good points, but one of the forces skewing industries toward large players is the large players themselves. They have an economy of scale to lobby new regulatio
by cousin_it 18y ago
Good points, but one of the forces skewing industries toward large players is the large players themselves. They have an economy of scale to lobby new regulations. Removing some of the hundred-million safety regulations might just open the way to innovations that will improve safety.
I just looked at some statistics - I know it's damn lies but - it seems traffic deaths per mile travelled were falling both before and after the US introduced car safety regulations, but before the regulations they were falling faster. Also Wikipedia says the mandating of airbags was controversial because their cost/benefit ratio is extremely high for a safety device. Hope someone more knowledgeable corrects me.