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Here "social" and "economic" regulations are defined as economists typically define them: health/safety/environmental vs. price/entry/antitrust.
Here "social" and "economic" regulations are defined as economists typically define them: health/safety/environmental vs. price/entry/antitrust.
social regulations are more responsive to political influence than economic regulations, because public backlash to rent seeking is minimized with moral or social arguments #SocSciResearch https://t.co/v6jAV414Hb