We tend to discuss the benefits and not the problems these regulations create. Which regulations do you think are great?
Well, you are sort of balancing the scales by discussing all the problems regulation causes and not discussing any of the benefits.
I am not really an all or nothing, black and white thinking, false dilemma, one size fits all, I only have a hammer in my toolbox kind of guy. I think some regulation can be good, and some regulation can be bad. You asked so I'll pick one example of what I think is a good regulation: fire escapes on buildings. I read about there being this fire in New York back sometime in the 1800s and this garment tycoon had a sweatshop on an upper story, and there was a fire and all the garment workers got fried to a crisp because there wasn't a fire escape. So New York passed a regulation that all multi-story buildings had to have a fire escape. Now I don't doubt that the free market would have
eventually caused all buildings to have fire escapes because people wouldn't work or live in buildings without fire escapes, it's just that a lot of people would have gotten fried to a crisp between the time of the fire in question and the time the free market worked its magic and the invisible hand got around to installing fire escapes on every building. Not to mention the fact that as a result of the fire escape regulation a lot of fire escape companies came into existence, and of course the steel companies had to make fire escapes, and the fire escape companies had to hire fire escape installers, and the fire escape installers got paid so they paid taxes, and bought food and unnecessary plastic objects, so it was a bonanza for the grocers and unnecessary plastic object manufacturers, and on an on. So I think on balance the fire escape regulation was a good thing. That's just one example. Of course, you may think that anyone too poor or too dumb to live or work in a building without a fire escape deserves to get fried to a crisp, and you are certainly entitled to have that opinion.
Can you think of one example where a regulation might have proven a benefit to society?
Note: Please do not whatabout the conversation to sprinklers in homes. We discussed those last week. If you don't want to address my example of fire escapes, and don't want to provide an example of a regulation you think is good, please, please, please don't quote this post in whatever you plan on changing the subject to.