Lennart Thornros <[email protected]> wrote:

Jed you are the eternal defender of regulations. No, it is not with consent.
>

Everyone with knowledge of industry and the history of commerce is a
defender of regulations. Go back and read how things were before there were
modern regulations, or go live in a Third World country such as India or
China and you will see.

You are incorrect. It is always with consent. If not, the industries would
raise hell with the Congress, and the Congress always listens to people who
have lots of money. Evidently, I know more about regulations, and I have
spoken with more regulators and industry experts than you have. I suggest
you read books about this subject, such as the ones by S. Florman.



> Yes, they work for putting high entry cost to a market.
>

Not as much as they used to. Regulators got wise to this tactic in the
1970s and they got rid of many regulations that only served that purpose.
That is why, for example, advertisers nowadays are free to name their
competitors, and lawyers can advertise their services.



> I have been in the food industry. No Jed the federal inspection does no
> good.
>

Go back and read how things were before there were federal inspections, and
you will quickly change your mind. Or, as I said, go visit a country where
they do not inspect food, or where the food inspectors are routinely paid
bribes to look the other way.



> As a matter of fact it is so full of side deals that it is a joke for all
> involved.
>

Number of people killed by salmonella in the U.S. per year: ~380

People killed by salmonella in third world counties: over 100,000.

Is that a joke? Do you also laugh at infant mortality rates? How about
diarrhea from contaminated water, which kills 2.2 million people in the
Third World, and practically no one in the U.S.? Because we have
regulations. Do you also find that hilarious?

Without regulations, inspections, laws and prisons, criminals such as
Stewart Parnell would kill hundreds of thousands of victims per year,
knowingly, for profit. That is what they did in the 19th century in the
U.S. That is what they do every day in countries such as China. Many people
are evil. If they can make a few dollars by making you sick or killing you,
they will.

- Jed

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