I view regulations very much like medications for the body, except with a fraction of the attention paid to side effects. Yes, some might work, but how much are you disrupting the rest of the system in invisible ways that might manifest in deadly symptoms in a decade?
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We live in an overmedicated system, under an accumulating pile of regulations meant to fix our ails, but most of the ails that are being fixed are just side effects of prior regulations. But when a new symptom pops up, we demand another quick fix - simple to understand, direct.
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Imagine how different it would be if we treated lawmaking like medicine; we ran regulatory trials in the smallest possible locations first, we studied those trials, we gradually expanded, and we actively looked for ripple effects and denied regulations that cause too many!
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we’re constantly patching
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What are some examples of regulations in our system that are detrimental?
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Also cells interact only through software with lots of legacy code, bad coupling and most of it written randomly until it works.
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The paper In Praise of Passivity, by philosopher/libertarian/transhumanist Michael Huemer, uses this analogy to urge us to stop overconfidently poking society with arbitrary interventions: https://spot.colorado.edu/~huemer/papers/passivity.htm …pic.twitter.com/bezEuZD1QC
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Great essay, thanks for sharing it!
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Hayek got a nobel when he explained that. Then everyone disregarded that in policymaking
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