Agree with both of your last two paragraphs. I don’t see how gov’t regs have or will solve either one. You don’t think there are people still building crappy wood houses too close together with people driving uninsured jalopy’s too fast down the street in front of it? With or without regs there will be a certain element who will hurt people (however you want to define it).
So let me ask you, how far do we take this. My buddy is a matress manufacturer. They just passed ANOTHER regulation regarding the way in which he manufactures. He now has to use a fire “safe” thread on the trim. The cost to do this is very significant and gets passed on to us of course.
In this case you might be persauded to say ya thats a good thing because studies say it will save x number of people. I say what your missing is the negative affect of taking efficient capital out of efficient market and giving it to the gov’t to provide inneficient service which is a drag on that society. Multiply it too many times and you end up with socialism. The more power you give the gov’t the less they need to ask for more (they just take it). Free market capitlism always does the most good for the most people. You can argue that all you want but history suggests strongly your wrong.
Shoot if the gov’t is so smart and helpful why don’t we have them regulate who plants what and where as we could probably feed more people and save more lives? I think china even did it once. Oh wait their gov’t killed millions with that one. But ours is smarter. Please.
I know challenging your own belief system can be hard but try it. I certainly do.
If you insist on labelling me I guess “Libertarian” isn’t so bad.
I hate to break this to you but the only gov’t is good at is collecting taxes.
