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by zo1 887 days ago
Side answer. This kind of regulation lifts GDP by mandating some sort of economic activity. A barber in a room in his house means less rental, less money for commercial real estate company, less money spent buying "commercial" chairs and commercial chemicals. And thousands of other things I can't even fathom as the scope of this problem is huge and so intertwined with all other economic activity.
2 comments

That’s nonsense. It does not lift GDP any more than breaking windows does. It redirects labor and capital from one use to another.
What are you on about? It does the exact opposite.

I can’t believe I’m seeing this on HN.

What do you mean? This is a perfectly possible / valid theory, you're welcome to try poke at it if you're open to debate instead of dismissing me.
It's the broken window fallacy. There's literally a fallacy named after the very thing you're espousing.