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In lugnet.off-topic.debate, James Simpson writes:
> I agree with you on principle here, but my question is how we can remove the
> incentive to cut corners from private enterprise when public safety is at >issue,
> yet still maintain a true free-market enterprise? IMO, we just cannot really
> trust public safety to private enterprise without heavy regulations.
Not I *M* O, though. See Friedman.
"Heavy regulations" are not required, just full consequence facing. Current
corporate law shields officers from culpability. We've had this discussion
before. Nothing has changed my view.
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Message is in Reply To:
| | Re: The big lie
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| (...) Larry: I agree with you on principle here, but my question is how we can remove the incentive to cut corners from private enterprise when public safety is at issue, yet still maintain a true free-market enterprise? IMO, we just cannot really (...) (23 years ago, 28-Sep-01, to lugnet.off-topic.debate)
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