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by gcanyon
451 days ago
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I've only read maybe 30 pages of the book, but I think the article misses the point (I hope) the book is making: there are regulations that serve a purpose, and regulations that don't, and we can, to at least some extent, tell the difference based on the regulations themselves or their impact on past projects. If that's true, then we can shed regulations, speed the process of government, and make it more effective at actually doing things. It might be difficult to tell which regulations are causing problems, or which are needless, or maybe that's not the point of the book; but criticizing the book for not pre-identifying exactly which regulations need to end seems overly demanding: we first need to agree that there are needless regulations that slow progress. If the book helps us reach that conclusion, it's served a purpose. Also, as a small nit: "even a positive-sum world contains winners and losers." That needs cites I think. I'm sure there's someone in the U.S. who is worse off than a 15th century peasant, but there are precious few of them, too few to use that phrase to describe them. |
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I've heard a few interviews though with the authors and while I'd like to see their ideas succeed I am suspicious of the idea that we can just get rid of the regulations that don't work.
All regulations work. There's a reason they get codified; they're working for someone. People who own property are voting for things not to change. It's not that they mistakenly think that building more housing is against their interest - it is against their interest.
Look at housing prices in Texas and California. Which would rather own a house in? In California it's going to be expensive and get more expensive. There are no can't miss investments but a house in CA. is pretty close. Now if you're buying a house Texas might be a better bet but owners are the ones running the regulatory environment.