Offsetting behaviour alert: boxing headguards @EricCrampton
04 May 2017 Leave a comment
in health and safety, labour economics, occupational choice, sports economics Tags: health and safety, offsetting behaviour, unintended consequences
Helicopter parents alert: There’s never been a safer time to be a kid
20 Apr 2015 Leave a comment
in applied welfare economics, economic history, economics of crime, economics of media and culture, health and safety, health economics Tags: accident rates, capitalism and freedom, child rearing, economics of the family, health and safety, Helicopter parents, moral panic, The Great Escape
The limits of the human body
12 Mar 2015 Leave a comment
in health and safety, health economics Tags: health and safety
Gordon Tullock on avoiding difficult decisions about saving lives – updated
24 Jan 2015 Leave a comment
in constitutional political economy, economics of bureaucracy, economics of regulation, Gordon Tullock, health and safety, health economics, income redistribution, James Buchanan, labour economics, Rawls and Nozick Tags: expressive voting, health and safety, James Buchanan, rational ignorance, rational irrationality, statistical life, veil of ignorance, veil of insignificance, veil of uncertainty
Gordon Tullock wrote a 1979 New York Law Review book about avoiding difficult choices. His review was of a book by Guido Calabresi and Philip Bobbitt called Tragic Choices which was about the rationing: the allocation of kidney dialysis machines (a “good”), military service in wartime (a “bad”), and entitlements to have children (a mixed blessing).
Tullock argued that we make a decision about how to allocate resources, how to distribute the resources, and then how to think about the previous two choices. People do not want to face up to the fact resources are scarce and they face limits on their powers.
To reduce the personal distress of making these tragic choices, Tullock observed that people often allocate and distribute resources in a different way so as to better conceal from themselves the unhappy choices they had to make even if this means the recipients of these choices are worse off and more lives are lost than if more open and honest choices were made up about there only being so much that can be done.
The Left over Left and union movement spends a lot of time pontificating about how we must not let economics influence health and safety policy rather than help frame public policy guidance on what must be done because scarcity of resources requires the valuation of life in everything from health, safety, and environmental regulations to road building. health budgeting is full of tragic choices about how much is spend to save so lives and where and for how long.
The Left over Left and the union movement deceive themselves and others into make futile gestures to make themselves feel good. These dilettantes cannot assume that they are safely behind a veil of insignificance. They have real influence on how public policy on health and safety are made.
A major driver of the opposition among the Left over Left and the union movement to the use of cost-benefit analysis and the valuation of statistical lives is its adoption makes people confront the tragic consequence of any of the choices available to them.
By saying how dare you value a statistical life does not change the fact that choices made without this knowledge will still have tragic consequences, and more lives may be lost because people want to conceal from themselves the difficult choices that they are making about others as voters and as policy-makers.
One of the purposes of John Rawls’ veil of ignorance and Buchanan and Tullock’s veil of uncertainty is that the basic social institutions be designed and agreed when we have abstracted from the grubby particulars of our own self-interest. Buchanan and Tullock explain the thought experiment this way
Agreement seems more likely on general rules for collective choice than on the later choices to be made within the confines of certain agreed-upon rules. …
Essential to the analysis is the presumption that the individual is uncertain as to what his own precise role will be in any one of the whole chain of later collective choices that will actually have to be made.
For this reason he is considered not to have a particular and distinguishable interest separate and apart from his fellows.
This is not to suggest that he will act contrary to own interest; but the individual will not find it advantageous to vote for rules that may promote sectional, class, or group interests because, by supposition, he is unable to predict the role that he will be playing in the actual collective decision-making process at any particular time in the future.
He cannot predict with any degree of certainty whether he is more likely to be in a winning or a losing coalition on any specific issue. Therefore, he will assume that occasionally he will be in one group and occasionally in the other.
His own self-interest will lead him to choose rules that will maximize the utility of an individual in a series of collective decisions with his own preferences on the separate issues being more or less randomly distributed.
Behind the veil of ignorance and the veil of uncertainty, we would all agree that resources are limited, including in the health sector and some drugs can’t be funded – choices must be made.
Once we go in front of the veil of ignorance and find out that we are the one missing out on that drug, naturally, our views will change. We agreed to these rules as fair for the distribution of basic social resources when, as John Rawls put it:
…no one knows his place in society, his class position or social status; nor does he know his fortune in the distribution of natural assets and abilities, his intelligence and strength, and the like.
Is always the case that someone just falls on the other side of any line in the sand. If you move that line, there is always another set of people who are just on the other side.
By the Numbers: How Dangerous Is It to Be a Cop?
17 Jan 2015 Leave a comment
in occupational choice, personnel economics Tags: health and safety
Milton Friedman on Safety Regulations
07 Jan 2015 Leave a comment
in economics of regulation, health and safety, law and economics, Milton Friedman Tags: health and safety, Milton Friedman, offsetting behaviour, safety Nazis
This way of testing bullet-proof vests would never get past health and safety checks these days, thankfully
05 Jan 2015 Leave a comment
in health and safety, labour economics, law and economics Tags: health and safety
A New Year’s celebratory practice where I am holidaying: Where Do Bullets Go When Fired Into The Air?
31 Dec 2014 Leave a comment
in economics of media and culture Tags: health and safety, Philippines
Another Reason Mondays Are The Worst | FiveThirtyEight
17 Dec 2014 1 Comment
in health and safety, labour economics Tags: health and safety
‘What were you thinking?’: Police shocked at tourist driver – National News | TVNZ
16 Dec 2014 Leave a comment
in economics of regulation, health and safety, transport economics Tags: health and safety
A tourist caught driving with a kayak tied cross-ways across his car roof told shocked police that he was just trying to preserve his vehicle.
via ‘What were you thinking?’: Police shocked at tourist driver – National News | TVNZ.
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