tag:blogger.com,1999:blog-8839412.post7213246154970181058..comments2024-03-19T07:48:54.021-06:00Comments on Gus Van Horn: When Regulations Mimic Rational BehaviorGus Van Hornhttp://www.blogger.com/profile/05126749051688217781noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8839412.post-35845154283776081872017-12-06T15:10:29.419-06:002017-12-06T15:10:29.419-06:00Dinwar,
Maybe that can help a little, but you sti...Dinwar,<br /><br />Maybe that can help a little, but you still run into stuff like environmental regulations. You could argue that if there were a real need for, say, electric cars, the market would solve it on its own. To accept the truth of that, you'd have to accept that it is legitimate for people to act selfishly, and that what they seek is generally in harmony (or at least could be) with what they actually need. Most people don't, hence see government regulation as a corrective.<br /><br />GusGus Van Hornhttps://www.blogger.com/profile/05126749051688217781noreply@blogger.comtag:blogger.com,1999:blog-8839412.post-39912230148300086372017-12-06T08:10:28.243-06:002017-12-06T08:10:28.243-06:00I think one possible avenue for attack against reg...I think one possible avenue for attack against regulations that mimic rational behavior is to point out their irrelevance. We don't need regulations dictating that copiers default to 8.5"x11" paper; it simply makes sense to have an industry standard, to maximize efficiency for all processes. Similarly, plugs on electronic devices have become much more standardized over the past few years--because it makes sense to have a standard plug design that works with multiple products (from a manufacturing standpoint, from a consumer standpoint, from a design standpoint, etc). <br /><br />These are minor examples I can think of off the top of my head, but they illustrate that the market is perfectly capable of establishing standards on its own, without government intervention. This allows us to shift the conversation from "What would we do without regulations?" to "Why are politicians wasting time and taxpayer money on this?" Dinwarhttps://www.blogger.com/profile/06138006602385020048noreply@blogger.com