In response to
"Useless? It may not tell the whole story, but in finance, the financial and economic impacts would be the primary concern, not a useless one. -- nm"
by
TFox
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The things I would find positive in government regulation generally wouldn't be whether the direct monetary cost of a policy resulted in equal or
Posted by
TWuG
Jan 28 '13, 05:34
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better direct monetary benefits.
An example of my (perhaps flawed) thinking: Putting regulations on banks to keep them from selling mortgages to those who aren't qualified has the primary benefit of not putting people into houses they can't afford, which means fewer defaults, which means fewer disrupted lives. It might me possible to put a dollar value to that but the value of it isn't monetary. Disrupted lives have very important non-monetary effects on society and putting a dollar figure on those effects minimizes them.
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