Episode 131: Can Incentives Save the World?
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The Role of Market Forces in Regulation of Private Products
With respect to safety and quality market forces regulate better than government agencies can. With uber and lift every damn rider is an inspector every rider puts in a rating that's a very robust system for rating quality and safety it's got to be better than what the government can do. i find myself thinking that the public service commissions the taxi commissions of our country are simply totally obsolete now they could all just be abandoned, there would be no difficulty.
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