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The US Government regulates all sorts of things that keep you safe - from pollution of your water supply through to seatbelts. It's not perfect, and it often f
by frabcus 12y ago
The US Government regulates all sorts of things that keep you safe - from pollution of your water supply through to seatbelts.
It's not perfect, and it often fails at regulation. But your post doesn't give any help to understanding when it succeeds and when it fails.
- deleted 12y ago[deleted]
- baddox 12y agoThe trouble with evaluating regulations is that if you attribute positive effects directly to government regulations (e.g. "regulation X saved Y lives by keeping dangerous drug Z off the market"), it's only fair to also attribute negative effects directly to government regulations (e.g. "regulation X killed Y people by delaying the introduction of miracle drug Z to the market"). And even beyond that, you also need to analyze the costs of the regulatory system itself if you want to make conclusions about the net effects of the regulatory system as a whole.
- pgodzin 12y agoBut those are regulating current products or services. This is calling for regulation now of RESEARCH in a specific field.