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Anyone claiming “deregulation” for the names sake is speaking rhetoric without knowledge. Both conservative and liberal economists agree with regulation. The mo

Anyone claiming “deregulation” for the names sake is speaking rhetoric without knowledge. Both conservative and liberal economists agree with regulation. The most conservative of economists understand the concept of externalities. Call centers bear a clear externality. The business transaction between the telecom Company and the caller bears a negative externality on the callee who is not a member of that transaction. Conservative economists would also agree with regulation to at least impose a cost on the transaction to reflect that externality. The problem is with policy and lobbying as you stated - write your member of congress. To comment on a now deleted post to this comment: I’m not arguing that bad regulation doesn’t exist which can perpetuate and help continue market failures. I’m arguing that good regulation is the fix to known market failures and economists on both sides recognize that.

deleted 4y ago
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mschuster91 4y ago
> The most conservative of economists understand the concept of externalities. Even conservative economists (and for that matter, also other experts) usually aren't dumb, but I've never seen one of them act on their knowledge appropriately. They all prioritize their ideology and their donors, some of them even refuse to listen to science and facts when people die by the masses.
- WalterBright 4y ago
  > I've never seen one of them act on their knowledge appropriately Milton Friedman
- Diesel555 4y ago
  You are confusing economists with politicians. I can point you to many conservative economists who recommend good policy - whether or not that is implemented is a different story. Economists are advisors, not decision makers, in this context.