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by baxtr 217 days ago
This outlines the problem with most regulation:

There is no/litte discussion about the trade-offs.

You have to see the other side, then weigh all pros and cons and then make a decision.

In most cases regulation is sold as something that will improve a field with no downside at all.

That’s just a lie and people find out over time.

2 comments

There is no shortage of political debate in most developed countries.

I think a bigger reason is that people who go to politics or administration often succumb to a certain kind of (reverse) teleological fallacy. They think that because their goal is to advance X, if they propose regulations for that purpose, their regulations will advance X.

Sure, western politics doesn't discuss the problem of regulation. Sure, sure, sure.

Do you live in an alternate universe? The last 30 years have been dominated by deregulation and privatization.

> The last 30 years have been dominated by deregulation

Maybe in USA, and not everywhere. From what I heard deregulation had not happened in USA healthcare.

And describing last 30 years in EU as dominated by deregulation is clearly wrong.

> deregulation

Any word that conflates parking minimums with food safety regulation is counter-productive. These two things are so vastly different that they should never be discussed in the same breath.