RE: UK to leave EU
July 25, 2016 at 8:28 am
(This post was last modified: July 25, 2016 at 8:30 am by The Grand Nudger.)
Another fun example. Building codes. Now, ostensibly, these are in place to provide safe structures - and by and large I think that we can safely say that they do that. However, they -have- been rigged by large builders (and their suppliers) in their own interests to some extent. Now, if we deregulate, will those builders suddenly cease to dominate that market? No. Will there suddenly be an opening for the little guys? No. The only result is that the usual suspects will now produce substandard structures. They wouldn't even have an incentive to lower their prices...they already know what we're willing to pay.
At it's heart, I think that the belief that deregulation is a good thing stems from the naive notion that businesses pass on their savings to their customers. They don't. They pass on their costs. It's a subtle but important distinction.
At it's heart, I think that the belief that deregulation is a good thing stems from the naive notion that businesses pass on their savings to their customers. They don't. They pass on their costs. It's a subtle but important distinction.
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