To what extent is regulation good for a country's economy?

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Here's a cute photo of a cat a dog and a bird together.

>>1100181

That's lovely mate but it doesn't really answer my question(s)

>>1100167
Ideally you want minimal regulation for maximum efficiency. But that makes your country a shithole (CHINA THE LAND OF SMOG). So instead you can maximize your citizens comfort but slow development because you banned construction from 5pm to 10 am because it hurts people ears.

Best case is to keep regulations high and just export your dirty operations to other countries or states. (USA OR CALIFORNIA ).

OR EVEN BETTER keep you own country clean and sell completely unregulated garbage to others.

>>1100195

I very much agree with this. I think our current western setup is about as good as its ever going to get.

As places like China demand higher quality of life and shift the burden elsewhere, we're going to run out of viable countries as alternatives.

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>>1100167
This may help you answer that question: https://www.youtube.com/watch?v=w9ms2WOZi74

The short of it is that market-based economies do better. It's messy at times and the problems associated with it happen under socialist countries as well.

There's no solution for everyone because countries are so diverse geographically, demographically, etc. and so what works for Singapore won't necessarily work for Mongolia.

>>1100249

Looks interesting, I'll give it a watch tonight. Cheers anon