Message from @Similar Scowl

Discord ID: 522502394244890624


2018-12-12 19:55:46 UTC  

you cant assume ceteris paribus every time

2018-12-12 19:55:50 UTC  

It's more of economic theory

2018-12-12 19:55:59 UTC  

When you cut regulations you save the firms money

2018-12-12 19:56:06 UTC  

= economic growth, higher wages, lower unemployment

2018-12-12 19:56:33 UTC  

in theory, ceteris paribus, you would be correct, but in practice often times more regulation doesnt necessarly mean people are worse off than before

2018-12-12 19:56:50 UTC  

It's always like that

2018-12-12 19:56:53 UTC  

regulations don't do anything

2018-12-12 19:56:56 UTC  

it's literally not

2018-12-12 19:56:57 UTC  

apart from raise prices

2018-12-12 19:57:00 UTC  

limit consumer choice

2018-12-12 19:57:05 UTC  

cause high barriers to entry

2018-12-12 19:57:14 UTC  

reduce economic growth and employment

2018-12-12 19:57:23 UTC  

again

2018-12-12 19:57:26 UTC  

you are correct

2018-12-12 19:57:34 UTC  

if you assume **ceteris paribus**

2018-12-12 19:57:39 UTC  

Let me give you an example

2018-12-12 19:57:44 UTC  

ISPs are monopolised you agree?

2018-12-12 19:57:45 UTC  

in USA?

2018-12-12 19:57:48 UTC  

yes

2018-12-12 19:57:52 UTC  

do you understand why?

2018-12-12 19:57:58 UTC  

because of regulation

2018-12-12 19:58:00 UTC  

Regulations such as net neutrality and zoning laws

2018-12-12 19:58:01 UTC  

correct

2018-12-12 19:58:08 UTC  

healthcare hospitals is monopolised

2018-12-12 19:58:11 UTC  

and prices are soaring

2018-12-12 19:58:13 UTC  

why?

2018-12-12 19:58:22 UTC  

Over regulation of the market

2018-12-12 19:58:24 UTC  

i dont think net nautrality caused the problem of ISP monopolies but ok

2018-12-12 19:58:41 UTC  

it's mostly the special status that some local governments give these ISPs

2018-12-12 19:58:57 UTC  

Net neutrality limited competition

2018-12-12 19:59:03 UTC  

this video explains it

2018-12-12 19:59:11 UTC  

it was made by a network engineer

2018-12-12 19:59:27 UTC  

Don't know what ben said

2018-12-12 19:59:41 UTC  

he basically said more regulation = bad

2018-12-12 19:59:42 UTC  

Net neutrality isn't the sole cause of the ISP monopolisation

2018-12-12 19:59:45 UTC  

yes

2018-12-12 19:59:49 UTC  

it was the zoning laws

2018-12-12 20:00:03 UTC  

yes zoning laws are probably the biggest reason

2018-12-12 20:00:06 UTC  

this is wrong already

2018-12-12 20:00:07 UTC  

then again im not american