So basically it all comes down to "Should the government worry about this or not?" Is there any good heuristics or principles for determining wether or not the government should regulate something? I'm not upset at the system for being wrong per se, but I am upset about it being so inconsistent and unreliable.
Is there any good heuristics or principles for determining wether or not the government should regulate something?
A good heuristic is "no it shouldn't". Whether there are any exceptions to this rule is an open question.
To whom it may concern:
This thread is for the discussion of Less Wrong topics that have not appeared in recent posts. If a discussion gets unwieldy, celebrate by turning it into a top-level post.
(After the critical success of part II, and the strong box office sales of part III in spite of mixed reviews, will part IV finally see the June Open Thread jump the shark?)