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I think those who believe regulation is universally the devil forget the era where products were received DOA and customers had no recourse while companies simp
by tsunamifury 11mo ago
I think those who believe regulation is universally the devil forget the era where products were received DOA and customers had no recourse while companies simply called it profit.
- alyandon 11mo agoI can't take anyone that views regulation as universally evil seriously when history is full of stuff like https://en.wikipedia.org/wiki/Radithor https://en.wikipedia.org/wiki/Radithor
- tsunamifury 11mo agoEvidently HN doesn't like this particular history...
- dredmorbius 11mo ago<https://news.ycombinator.com/item?id=9176267 https://news.ycombinator.com/item?id=9176267> <https://news.ycombinator.com/item?id=44508062 https://news.ycombinator.com/item?id=44508062> The Radithor reference is of course quite apropos, and I'm a fan of effective and principled regulation to avoid that and numerous other market failures.