merjet Posted April 4, 2014 Share Posted April 4, 2014 Article in Winter 2014 Cato Journal Link to comment Share on other sites More sharing options...
SoAMadDeathWish Posted April 5, 2014 Share Posted April 5, 2014 Couldn't you make the exact same argument against inefficient de-regulation? Link to comment Share on other sites More sharing options...
merjet Posted April 5, 2014 Author Share Posted April 5, 2014 Couldn't you make the exact same argument against inefficient de-regulation?Yes, but which is way more prevalent -- more regulation or de-regulation? Link to comment Share on other sites More sharing options...
SoAMadDeathWish Posted April 5, 2014 Share Posted April 5, 2014 Couldn't you make the exact same argument against inefficient de-regulation?Yes, but which is way more prevalent -- more regulation or de-regulation?I know, I'm just saying that the whole thing sounds so damn shady. Like, instead of the author presenting a concept that's useful for understanding the world (what exactly does this idea explain that we couldn't explain before?), he's introducing a buzzword for propagandist purposes. Particularly damning is the last line: "Third, by exploring the inefficient justifications for regulation, it may be possible to create politically useful (emphasis mine) counterarguments." Note that it's not rational counterarguments, but politically useful counterarguments. But then there's also the second to last line: "Second, it may enable economists to enlist assistance from other scholars in attacking undesirable legislation." Undesirable to who? Link to comment Share on other sites More sharing options...
anthony Posted April 5, 2014 Share Posted April 5, 2014 There's always going to be those who get off on the moral righteousness of feeling guilt, and those who get off on being felt guilty about. They need each other, a match made in heaven.. Link to comment Share on other sites More sharing options...
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