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Douglas_Knight2 comments on Blue or Green on Regulation? - Less Wrong

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

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Comment author: Douglas_Knight2 16 March 2007 05:42:40PM 1 point [-]

Perhaps this is because of the larger power distance between the security people and the protected.

How do you measure this distance? The FDA has a monopoly, too. Here's another theory: drug companies are a third player. Moreover, they are concentrated interests, so they affect the public choice. (Airlines play a similar role in the security theater, but their interests are more diffuse. Also, getting rid of airline security is a public good, while getting a drug approved helps one drug company relative the others.)

That's not to say I disagree with Anders's psychology, but I discount it because I find it harder to judge than public choice arguments.