On: Dumb TVs deserve a comeback

[mulmen]

I wish people would stop regurgitating this obvious lie. You can’t walk 3 feet without bumping in to something that is better for you because of regulation.

My motorcycle has a rev limiter for a reason. If you let the motor run wide open it will fail catastrophically. Economies are no different.

If you think regulation doesn’t work then you’re simply ignorant of how even basic parts of your daily life work.

[WillPostForFood → mulmen]

My motorcycle has a rev limiter for a reason. If you let the motor run wide open it will fail catastrophically. Economies are no different.

It is an interesting metaphor to draw because you didn't need regulation to get a rev limiter.

[mulmen → WillPostForFood]

Yes it is a metaphor not an example.

In the case of my motorcycle the authority is Honda and myself. I can control the constraints but I would never remove them.

It seems like the benefits of constraints on systems would be obvious to engineers but apparently not.