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Much more widespread? Last I checked nobody is advocating for Soviet-style central planning. In fact by far the most popular notion in the western world is a mo

Much more widespread? Last I checked nobody is advocating for Soviet-style central planning. In fact by far the most popular notion in the western world is a mostly-free market with some regulation. Which seems to jive with the notion that neither a monolithically planned, nor entirely laissez-faire system, are likely to produce optimal results.

pdonis 13y ago
the most popular notion in the western world is a mostly-free market with some regulation No, the most popular notion in the western world is a nominal "free market" with massive regulation. For example, here are the rules that a "free market" business in the US has to abide by: https://www.federalregister.gov/ https://www.federalregister.gov/ Note that this is a daily journal: in other words, the "current issue" is just the rules that got issued today. Not to mention that we have central control of the financial system (the Fed and other countries' central banks), education (in the US there is at least some control still at the local level, other developed countries control everything at the state or national level), and trade--here, for example, is the current list of US tariffs: http://hts.usitc.gov/ http://hts.usitc.gov/
- djur 13y ago
  And the rules that got issued today include several announcements by the Coast Guard about changes to drawbridge schedules, species being delisted from the Endangered Species Act, and announced decisions by the FAA on the airworthiness of various products. Business is moderately regulated in the US, especially compared to other industrialized societies. The mere existence of a large number of rules doesn't mean that the regulation is onerous.
  - pdonis 13y ago
    The mere existence of a large number of rules doesn't mean that the regulation is onerous. So if you're a small business, it's not "onerous" to have to look through myriads of rules to make sure you aren't violating one? To the extent that these regulations are not "onerous", it's because they're ignored, not because they actually work.

pdonis 13y ago

the most popular notion in the western world is a mostly-free market with some regulation No, the most popular notion in the western world is a nominal "free market" with massive regulation. For example, here are the rules that a "free market" business in the US has to abide by: https://www.federalregister.gov/ https://www.federalregister.gov/ Note that this is a daily journal: in other words, the "current issue" is just the rules that got issued today. Not to mention that we have central control of the financial system (the Fed and other countries' central banks), education (in the US there is at least some control still at the local level, other developed countries control everything at the state or national level), and trade--here, for example, is the current list of US tariffs: http://hts.usitc.gov/ http://hts.usitc.gov/

djur 13y ago
And the rules that got issued today include several announcements by the Coast Guard about changes to drawbridge schedules, species being delisted from the Endangered Species Act, and announced decisions by the FAA on the airworthiness of various products. Business is moderately regulated in the US, especially compared to other industrialized societies. The mere existence of a large number of rules doesn't mean that the regulation is onerous.
- pdonis 13y ago
  The mere existence of a large number of rules doesn't mean that the regulation is onerous. So if you're a small business, it's not "onerous" to have to look through myriads of rules to make sure you aren't violating one? To the extent that these regulations are not "onerous", it's because they're ignored, not because they actually work.