Thread by @hhesterm

I quite agree with Sam: there was the belief that Brexit would magically deliver a low-regulation paradise. But there is not only no democratic consensus for that, there is also the looming question whether that paradise actually exists /1

https://twitter.com/SamuelMarcLowe/status/1479942131062120454

Quite a few of those proposals (see the TIGRR Report) are written at a rather high level of abstraction, conveying vision rather than how to get there. There is a lack of thought-through detail. /2

As you can see from the merry bundling together of the idea of not regulating and having the common law deal with stuff, while simultaneously being a world-admired standard-setting regulator whose regulations are not exported (we don‘t do that), but copied everywhere.

And I am not saying that regulation cannot be done better. But saying we‘ll do better is the easy part. Actually doing it better (and getting democratic consent) is hard, detail-oriented work.

(If you need any evidence, count the better regulation programs worldwide if you dare. I’m not counting the US idea that for every new regulation one old one has to go. That is more a sign of helplessness than of good regulatory practices)

And here‘s an example how good intentions can make regulation way more complex independent.co.uk/news/uk/politi…