My friend worked for a research project in central Africa. The building he was working in burnt down because they lack minimal electrical codes. The investors pulled out because this area lacked the minimal regulatory codes for business. Part of why advanced nations thrive is because they turn accumulated wisdom into regulations that minimize avoidable hazards. This in turn supplies the confidence needed to invest in homes and commerce. Any social order that didn't keep moronic people from building structures in flood planes or burning the rest of us to the ground would spend an awful lot of precious time and resources cleaning up after the morons.
My smart conservative friends get this. They don't oppose all regulations, only the ones that needlessly obstruct market efficiencies.
My smart conservative friends get this. They don't oppose all regulations, only the ones that needlessly obstruct market efficiencies.
Last edited: