> The risk, of course, is what benefit does it really bring to ordinary citizens?
I think we all agree that more government is terrible. Then why is the uniform civil code not welcome? How does different sets of laws based on religious identity make it easier for the end goal of less government? See your episode #9 where you argue that if you try to optimize for multi-objective policy making, it returns a null solution.
As it pertains to ordinary citizens, the benefit is parity which, if you think about it deeply, is freedom. The same set of rules should apply to me and you. If you are getting special protections than me, we are in an authoritative state (with a monopoly on violence, no less).
Enjoyed reading all 4 'postlets' in this edition. On Rs/job, the other addtional perspective I have (from my CPG experience) is indirect jobs created in addition to the direct jobs from the investment. From my experience, for every direct job created in the CPG company, between 75-100 jobs are created upstream & downstream (suppliers, service providers, distributors etc). This is fairly well established. Agree with the main thrust of the argument, though, that this is not a useful metric in isolation for policy.
> The risk, of course, is what benefit does it really bring to ordinary citizens?
I think we all agree that more government is terrible. Then why is the uniform civil code not welcome? How does different sets of laws based on religious identity make it easier for the end goal of less government? See your episode #9 where you argue that if you try to optimize for multi-objective policy making, it returns a null solution.
As it pertains to ordinary citizens, the benefit is parity which, if you think about it deeply, is freedom. The same set of rules should apply to me and you. If you are getting special protections than me, we are in an authoritative state (with a monopoly on violence, no less).
Enjoyed reading all 4 'postlets' in this edition. On Rs/job, the other addtional perspective I have (from my CPG experience) is indirect jobs created in addition to the direct jobs from the investment. From my experience, for every direct job created in the CPG company, between 75-100 jobs are created upstream & downstream (suppliers, service providers, distributors etc). This is fairly well established. Agree with the main thrust of the argument, though, that this is not a useful metric in isolation for policy.
thanks, Rajesh. Agree - some sectors will have higher indirect employment elasticity.