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SailingSperm | 3 years ago

>the advocacy of a small government is exactly _more_ situations like FTX. Arguably not true. The presence of large government and pervasive regulation may behave like the bike helmet paradox (Where cyclists feel they are able to take more risk while wearing a helmet, and motorists drive more carefully around helmet-less riders). Smaller gov in this case may lead to individuals feeling less like the government has vetted xyz investment opportunity and therefore may feel a need to do their own due diligence more thoroughly.

discuss

order

themitigating|3 years ago

The amount of risk taking obviously has some increase in the number of cyclists that get into accidents. However the outcome of the accident is more important.

So for each accident: how bad was in the injury, cost, permanent damage, and recovery time. Then compare that between both groups.

For example it could be that although wearing a helmet increases the risk of an accident by 15% it decreases the risk of serious brain injury or long term damage by 60%. If that were the case then the helmet is beneficial.

polygamous_bat|3 years ago

> Arguably not true. The presence of large government and pervasive regulation may behave like the bike helmet paradox (Where cyclists feel they are able to take more risk while wearing a helmet, and motorists drive more carefully around helmet-less riders).

It's a paradox for a reason -- it is counterintuitive. Do you have studies or proof that "small government" may be helpful here, or is this a position that you hold from before that you are justifying here?