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by AllegedWisdom 3389 days ago
Regulations will always have costly unintended consequences, and this will never be fully resolved. But the damage can be mitigated and things can be made more efficient by having numerate big-picture thinkers involved early in the process. Many economists do manage to make things better.

In theory, people from any discipline can be numerate big-picture thinkers. But in practice, most hard scientists tend to have a very narrow-minded focus on optimizing the the thing they study most, and ignoring everything else. Lawyers are usually pretty good at trying to think about the big picture and all the people affected, but they are rarely sufficiently numerate to properly analyze and compare things.