2min chapter

From the New World cover image

Robin Hanson: How Global Elites Manufactured Stagnation and How We Escape

From the New World

CHAPTER

How Regulation Blocks Innovation?

For focus and innovation, then we're interested in how regulation blocks innovation. So when the govrnment runs an industry, that's a very strong ranitation on what new products and services can be offered. I'd like to question the framing in the sense of saying that we could actually adopt prediction markets within firms without many legal barriers. Thatoh, in that context, the barrier is not law. So there are other barriers, and they are,  the most immediate barriers to what would be the most immediate valuable thing to do next.

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