RegalBeagle
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Third Man
>In the 1970s the general aviation aircraft industry was selling 15,000 or more aircraft a year but that number fell by a factor of about 10 in the early 1980s. What happened? One factor was a massive increase in tort liability as discussed in my paper with Eric Helland, Product Liability and Moral Hazard: Evidence from General Aviation. Another factor was ever-increasing FAA regulation.
>But Max Tabarrok raises an interesting puzzle. It’s not at all obvious that the regulation of personal aircraft has been more strict than that of automobiles. So why the big difference in outcomes? There is, however, one small but potentially very important difference between the regulation of cars and aircraft.
>"By far the costliest part of the FAA’s regulation is not any particular standard imposed on pilot training, liability, or aircraft safety, but a slight shift in the grammatical tense of all these rules. The Department of Transportation (DOT) sets strict safety requirements for cars, but manufacturers are allowed to release new designs without first getting the DOT to sign off that all the requirements have been satisfied. The law is enforced ex post, and the government will impose recalls and fines when manufacturers fail to follow the law.
>The FAA, by contrast, enforces all of its safety rules ex ante. Before aircraft manufacturers can do anything with a design, they have to get the FAA’s signoff, which can take more than a decade. This regulatory approach also makes the FAA far more risk-averse, since any problems with an aircraft after release are blamed on the FAA’s failure to catch them. With ex post enforcement, the companies that failed to follow the law would be blamed, and the FAA rewarded, for enforcing recall.
>This subtle difference in the ordering of legal enforcement is the major cause of the stagnation of aircraft design and manufacturing."
'Murka is not like what it used to pretend to be.
marginalrevolution.com/marginalrevolution/2024/09/why-dont-we-have-flying-cars.html
>But Max Tabarrok raises an interesting puzzle. It’s not at all obvious that the regulation of personal aircraft has been more strict than that of automobiles. So why the big difference in outcomes? There is, however, one small but potentially very important difference between the regulation of cars and aircraft.
>"By far the costliest part of the FAA’s regulation is not any particular standard imposed on pilot training, liability, or aircraft safety, but a slight shift in the grammatical tense of all these rules. The Department of Transportation (DOT) sets strict safety requirements for cars, but manufacturers are allowed to release new designs without first getting the DOT to sign off that all the requirements have been satisfied. The law is enforced ex post, and the government will impose recalls and fines when manufacturers fail to follow the law.
>The FAA, by contrast, enforces all of its safety rules ex ante. Before aircraft manufacturers can do anything with a design, they have to get the FAA’s signoff, which can take more than a decade. This regulatory approach also makes the FAA far more risk-averse, since any problems with an aircraft after release are blamed on the FAA’s failure to catch them. With ex post enforcement, the companies that failed to follow the law would be blamed, and the FAA rewarded, for enforcing recall.
>This subtle difference in the ordering of legal enforcement is the major cause of the stagnation of aircraft design and manufacturing."
'Murka is not like what it used to pretend to be.
marginalrevolution.com/marginalrevolution/2024/09/why-dont-we-have-flying-cars.html
RegalBeagle
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RegalBeagle
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RegalBeagle
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RegalBeagle
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We could pay them per dead Mexican. And now you might say “John, they’ll just end up raiding Mexico to kill them for money whether they try to cross or not.” And to that I’d respond “Based.”
RT: https://poa.st/objects/98979caa-0232-40f6-9732-4157f1df07da
RT: https://poa.st/objects/98979caa-0232-40f6-9732-4157f1df07da
RegalBeagle
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Sunday! Sunday! SOMEDAY! COME ON DOWN TO THE CIVIC CENTER AND MOTOR SPEEDWAY FOR THE MUGICHA MONSTER JUGGERNAUT JAM! Watch as JAMAHARIYA JOHNNY AND HIS JEET JUGGERNAUT attempt to jump over 100,000 Indians! beeeEEEEEEE THERRRRRREEEEE!
More and more I think we need to make gatekeeping great again. Everything's turning to shit because no one screens the new blood to see if they've got the stuff needed to contribute positively to the community, be it IT, videogames, tabletop gaming, or even quilting. Are there risks with gatekeeping and hazing? Yes, but the overall condition necessitates this.
RegalBeagle
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@TrevorGoodchild @JohnYoungE @Rasterman Unrelated, but Catgirls were a great invention.
RegalBeagle
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@Jens_Rasmussen @BanjoPartisan @Shlomo I'll never get over the fact that the stuff that train was carrying through East Palestine was banned from being transported in China, and where it is used in China they ship it via pipes or make it on-site.
The old "liveleak" watermark on videos needs to be affixed to the "American" flag, permanently.
RegalBeagle
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lol, why even ask about solving a problem if you're going to identify the root cause and declare that we need to keep it
On the Internet, nobody knows you're a dog.
Joined Nov 2022
