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ParagonProtege comments on Blue or Green on Regulation? - Less Wrong

49 Post author: Eliezer_Yudkowsky 15 March 2007 06:04PM

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Comment author: [deleted] 23 November 2011 09:38:24PM *  8 points [-]

I'm reading through all of Eliezer's posts chronologically, as well as reading Luke's comments when he did the same. I just came to this post and had to do a double take when I read this:

Imagine, for a moment, that much of what the Greens said about the downside of the Blue policy was true - that, left to the mercy of the free market, many people would be crushed by powers far beyond their understanding, nor would they deserve it. And imagine that most of what the Blues said about the downside of the Green policy was also true - that regulators were fallible humans with poor incentives, whacking on delicately balanced forces with a sledgehammer.

Close your eyes and imagine it. Extrapolate the result. If that were true, then... then you'd have a big problem and no easy way to fix it, that's what you'd have. Does this universe look familiar?

Click

Holy. [Expletive].