I can't remember one [example of regulation] that's good…
“I can't remember one [example of regulation] that's good. Regulation of transport, regulation of agriculture - agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Regulation often produces unintended negative effects across sectors, suggesting a need for careful design.
In simple terms: Regulation can cause harm.
Design rules that minimize side effects.
Themes
Mood
Type
When to use this quote
- environmental law
- transport policy
- agricultural standards
- legislative review
Key Concepts
Questions to Reflect On
- When does regulation outweigh its costs?
- How can we evaluate regulatory impact?
Some regulations may provide essential protections despite drawbacks.