Regulation: Rules Can Only Describe What Already Happened
A rule needs a harm that is noticed, documented, understood, and politically salient. All four take years, while products change in months — and that gap explains most of the field.
A rule needs a harm that is noticed, documented, understood, and politically salient. All four take years, while products change in months — and that gap explains most of the field.
A century of competition law detects monopoly by watching consumer prices. When the service is free, the test finds nothing — and the power sits somewhere it was never designed to look.
Almost nobody actually wants zero data collection — they want a trade they'd make consciously instead of one made invisibly on their behalf.
Most commentary is about which leader decided what. Constraints — geography, resources, neighbours, demographics — explain the menu of realistic options, and they outlast every government.
First post on the new blog.