ingliz wrote:If posting shite is your idea of doing fine, you are doing an excellent job.
If economics dictates the laws of men, why do men pass economically inefficient laws? Normally what is aimed at through economic reasoning is the improvement of efficiency.
On one model of legislative choice, utility-maximizing legislators maximize their chances of reelection by favoring those parties who can contribute most to their reelection. Concentrated interest groups are such parties. Because the gain to interest groups from legislation that transfers wealth to them exceeds the cost of successful lobbying, the interest groups have an incentive to lobby. And since the resulting loss to any member of the public is less than the cost of lobbying to her, members of the public have no incentive to resist the legislation. Legislation should therefore reflect the desires of interest groups, and because these desires are likely to be redistributive, statutes are unlikely to be efficient.
Daniel A. Farber & Philip P. Frickey, Law and Public Choice 12-37 (1991) (discussing the theory of legislation as a manifestation of conflict among private interests)
No, my job here is to correct your shite.
You still keep skipping that important part, not on purpose of course
Here's the answer to that question:
There can be few reasons why such things occur. First, one might lobby and pass economically inefficient laws for the purpose of destroying ones economies. Kinda like we saw bolshevists do it, or just regular communists. Yuri Bezmenov explains this perfectly, people can find that on Youtube.
The second reason is the one common with all scientific mistakes, where those who try to implement it did not have the full understanding of it in the first place. The same reasons why mathematicians, or physicists make mistakes.
And to address the exact example you provided: because lobbying against was more beneficial than not doing so. You need to understand how value of survival power works, first. But, you do, you're just pretending that you don't.
Tell me Mr. @ingliz , are you one of them?