|
|
|
|
|
|
by eru
223 days ago
|
|
|
> Consider, too, the unequal bargaining power between vendors and individual consumers (have you ever tried to negotiate a form contract with a megacorporation?). You don't negotiate the contents of your burger with McDonald's. If you don't like it, you go to Burger King or have a Döner Kebab. There's plenty of tacit negotiations here. > We protect people because they have failed. These regulations tend to follow actual injuries; they are rarely promulgated in anticipation of them. Homeopathic medicine tend to follow actual health problems, too. That doesn't mean they are a good idea. |
|
|
Not every industry is a competitive one with practically unlimited choices. Natural monopolies or industries with high barriers to entry tend to have the most leverage over their customers. Most people have only a single electricity provider, and there are only two major mobile OS vendors worth speaking of.
> Homeopathic medicine tend to follow actual health problems, too. That doesn't mean they are a good idea.
Some work; some don’t. The key is figuring out which solutions are effective and which aren’t. Nobody is proposing keeping fixes around whose costs aren’t worth the benefits to society.