The question is whether the laws are efficient. Imagine that as a protection from the occasional meteorite, all buildings are mandated to upgrade their roofs to

The question is whether the laws are efficient. Imagine that as a protection from the occasional meteorite, all buildings are mandated to upgrade their roofs to be 1 meter of solid concrete. We cannot allow another random space rock kill another innocent inhabitant. This, or course, would disproportionately burden smaller buildings, while some larger buildings would have little trouble to comply. Guess who would complain more often. But it, while outwardly insane, would clear small huts off the market, while the owners of large reinforced buildings would be able to reclaim the land, as if by an unintended consequence. Driving the risk tolerance of a society lower and lower interestingly dovetails with the ease of regulatory capture by large incumbent players, as if by coincidence.