alt Hacker NewsBad regulation should't be reperesentaive or regulation as a whole. If you don't get it right the first time, you're allowed to try again, and that's what should be done with regulations providing bad incentives.
Gaming has already gone though a period of pushing subscription games, and most died, since people generally didn't want to pay a fee per game they played. That only left the big players in that space, while everybkdy else went back to releasing games the normal way. I fail to see why things would go a different way this time around.
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Ferret7446 • today at 2:06 AM
Bad regulation is representative of regulation as a whole, because most of it is bad, or at least ineffectual, particularly in California.
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The legal system is kind of like an evolutionary process. We try things, see if they work, and adjust over time. So far I think this has indeed led to a better legal system, but I can see why the set backs and injustices of the world make that difficult to assess.
Regulation also creates jobs, even bad regulation, so there's almost a Keynesian argument to be had about its relationship to our economic system.