I would love to know what you do for a living and whether you personally have taken any smart risks that have lead you to financial success, or whether you just like sniping on HN about school shootings and pretending to be superior.
Europeans also mostly don’t suffer from school shootings and generally don’t go bankrupt when they get cancer or just take an ambulance ride to a non-network hospital. Regulation is not all bad, besides the US has more of it than anybody else.
Nobody is claiming the US has less mass shootings. It's just pointless whataboutism in a conversation (economic strategy) that has nothing to do with it.
Regulation was the point discussed, healthcare and gun controls are two examples where there are massive qualitative and quantitative differences in regulation between EU and USA. E.g. healthcare is a matter of national security in the EU and it's a profit center for pension funds in the USA. Gun controls I'm not too familiar with, I can only see second order effects in the US in the form of an arms race between police and citizens.
The mental gymnastics here are incredible. Do you really think the regulations inhibiting tech startup creation are the same ones that protect people when they get cancer or whatever?
Yes, the US has a lot of school shootings, but does anyone think loose gun regulations are why the US is strong on tech?
No, you're right, Singapore is both highly regulated and successful. I just meant to highlight that the soaring economy doesn't include many high-tech startups.
Thats hardly unique to Europeans. Look at UAV regulations in the US - regulated to death based on nothing, leading to a 5 to 10 year technology gap to China, while recreational pilots crash and burn every other week.
It's fascinating watching people circle back to this answer.
Regulation and taxation reduces incentives. Lower incentives, means lower risk-taking.
The fact this is still a lesson that needs to be debated is absurd.