Comment on If you accept evolution, you must oppose over-regulation of the economyparentComments−TriinT17yThe problem with regulation is that for every set of rules there's a corresponding nonempty set of loopholes that can be exploited. Finance is now so complex that coming up with rules that can't be gamed is not as trivial as one might think...−plesn17yWho said those rules ought to be static? Parliaments are busy places...−TriinT17yThe speed at which you can change the rules is lower than the speed at which smart people can come up with ways of gaming them...
Comments
The problem with regulation is that for every set of rules there's a corresponding nonempty set of loopholes that can be exploited. Finance is now so complex that coming up with rules that can't be gamed is not as trivial as one might think...
Who said those rules ought to be static? Parliaments are busy places...
The speed at which you can change the rules is lower than the speed at which smart people can come up with ways of gaming them...