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> regulatory agencies allows experts to decide those issues in a neutral setting

It is difficult to talk about "regulations" in the abstract but I would suggest that many regulations aren't about a perfect solution devised by an expert. They are more often about finding a tradeoff, a balance between competing goals. Those sorts of decisions can be informed by "expert" knowledge, but I think it is a mistake to think that domain experts are necessarily best positioned to resolve tradeoffs in public policy.

I'm not arguing against expert knowledge being incorporated into construction of regulations -- just pointing out that expert knowledge may be necessary but not sufficient to finding a workable public policy.




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