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Would it help if the concern were expressed as regulation being a constraint on supply? There’s not really an economic distinction to be made here: If regulatio
by twoodfin 3y ago
Would it help if the concern were expressed as regulation being a constraint on supply? There’s not really an economic distinction to be made here: If regulations demand all airplanes be painted with an expensive shade of neon pink, on the margin fewer planes can be built for the same capital investment and all else being equal supply will decline.
- ffgjgf1 3y agoIf the regulations are arbitrary and pointless of course. OTH if they for instance increase safety longterm you might expect demand for air travel to increase.