2min chapter

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Ep. 52: Michael Huemer on Thinking Rationally, The Ethical Flaws of the Legal & Regulatory System and the Problem of State Authority

Stranded Technologies Podcast

CHAPTER

The Importance of Regulating Industry

There are some industries that are more heavily regulated than others. Are our consumers in those industries more happy, our prices lower, is there higher quality? The answer to that is usually no, right. It's usually the opposite. So you think about like, I don't know the computer industry was like, it had huge progress and just accomplished amazing things, largely because. Well, it arose and advanced too fast for Congress to come in and make a whole bunch of regulations to slow them down.

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