davidhaynz , 5 days ago @rbreich The economist Warren J Samuels argued the lack of regulation, or deregulation, was in itself a form of regulation. Because regulation controls the distribution of sacrifice. E.g. if you deregulate air pollution you shift costs from polluters to people who breathe. I suppose there could be Kafkaesque regulations that don't affect the distribution of sacrifice, or do anything useful. But I would need convincing.
@rbreich The economist Warren J Samuels argued the lack of regulation, or deregulation, was in itself a form of regulation.
Because regulation controls the distribution of sacrifice. E.g. if you deregulate air pollution you shift costs from polluters to people who breathe.
I suppose there could be Kafkaesque regulations that don't affect the distribution of sacrifice, or do anything useful. But I would need convincing.