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Like good design, good regulation becomes invisible. Actual wisdom is recognizing and counteracting that bias.
by llamaimperative 2y ago
Like 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.