4/And environmental regulations are what save us from having a country that looks like this:pic.twitter.com/waOBJ2FIWy
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Fallibilist, optimist. Stripe CEO.
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4/And environmental regulations are what save us from having a country that looks like this:pic.twitter.com/waOBJ2FIWy
5/That said, there's plenty of reason to believe lots of regulations are inefficient, resulting from capture and/or bureaucratic overreach.
7/...so it makes sense to approach deregulation by tackling one type of regulation at a time.
8/Sensible people are doing this now. There's a big (IMO justified) focus on occupational licensing. http://www.bloomberg.com/view/articles/2015-07-30/obama-sees-the-light-on-job-licenses … …
9/Another good area of focus is land-use regulation, especially in cities: http://www.bloomberg.com/view/articles/2016-05-03/want-to-boost-economic-growth-empty-the-suburbs …
10/Other good ones might include FDA reform: http://marginalrevolution.com/marginalrevolution/2015/08/is-the-fda-too-conservative-or-too-aggressive.html … and FAA reform:http://mercatus.org/expert_commentary/faa-constantly-thwarting-innovation …
11/Yet another might be a reform of the Sarbanes-Oxley act, to help companies go public:http://www.vox.com/2014/6/26/5837638/the-ipo-is-dying-marc-andreessen-explains-why …
12/So there's lots to do on the deregulatory front. But in other areas, like carbon emissions, we should be *increasing* regulation.
13/A single-minded blanket focus on "deregulation" will probably do more harm than good. Instead, focus on specifics. (end)
@Noahpinion the thing that bothers me is the one-way ratchet. I'm in favor of lots of things being regulated.
@Noahpinion But seems concerning on a systemic level that we (generally) only add, such that we're long-term almost guaranteed to overshoot.
@Noahpinion Also epistemic matter of being unable to measure cost of that which doesn't happen, which we probably therefore underweight.
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