3 ms·
Or, they've lived on enough to see the impact of regulation go wrong.
by refurb 2y ago
Or, they've lived on enough to see the impact of regulation go wrong.
- llamaimperative 2y agoLike good design, good regulation becomes invisible. Actual wisdom is recognizing and counteracting that bias.
- refurb 2y agoAll regulation has a cost. And if based on the track record of the US government, it tends to be high and even potentially introduce weird incentives that solve one problem but create two more.
- llamaimperative 2y agoLack of regulation has costs too. I’m open to your argument if you can demonstrate somehow what “tends” to be true. I suspect you can’t, and neither can I, which is why we should assess regulations on a case by case basis of their own merits instead of totally unsupportable “regulation good” or “regulation bad” maxims.