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Food safety regulation is an essential government role that cannot be left to the private sector or to individuals doing their own research.

Drawn from what Paul Krugman said

government
What this subject means

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

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What Paul Krugman actually said

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  1. Paul Krugman

    Trade economist, Nobel laureate in 2008 for his work on…

    And this is not something that you can leave up to the private sector. It’s not something where you can do your own research. It’s a very complicated world out there. And the informational burden of trying to figure out whether the people responsible for your package of hamburger are actually following safe procedures, that’s beyond everybody.

Added to korrents 8 Sept 2026 · How quotes work · Something wrong? Tell us

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