Comment by azan_
20 hours ago
> The politicians are those who created the respecting laws.
Yes and general population LOVES these laws, even though they are harmful to them. But anyway - you've got your causality reversed - it's voting masses that incentivize rent controls and other shitty politics. Remember that to implement your policies you've got to actually win elections. And since people generally don't understand n-order effects for n>=2, it's really easy to win elections with populist policies.
> Yes and general population LOVES these laws, even though they are harmful to them.
I can only say that in Germany, where I live, in my gut feeling the situation is very different: politicians imposing various laws "for the common good" and many parts of the populations hate these laws because this implies even more red tape.