Comment by ds_opseeker
3 hours ago
> my libertarian friend was explaining to me how traffic shows how everything can work well when everyone acts in their own self interest. Well, sure, except for all the traffic laws, the difference between User and System Optimal that traffic engineers spend much of their lives trying to bridge, and, you know, the fact that it took an enormous effort by government to build smooth roads and put up signs everywhere.
Love this.
Likewise "free markets" which work great when embedded in a system of laws and regulations. Or more critically, in a high-trust system where people keep their word because that's what matters.
But not sure how many people are in favor of the more unregulated black markets, where contracts are enforced by rule of violence instead of rule of law.
As if we've forgotten Hobbes, and the horrors he lived through which informed his philosophy.
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