We can dance if we want to
We can leave your friends behind
Because your friends don't dance
And if they don't dance
Well, they're no friends of mine
--Men Without Hats
Currently, when people choose to 'opt out' of an activity, it is commonly assumed that they are doing so for safety reasons. They are afraid of becoming infected with the virus or of transmitting the virus to others.
This is undoubtedly true in many cases.
However, it is also true that some are opting out because of the oppressive regulatory environment that they would face by opting in. Freedoms are being restricted. Transaction costs are rising.
In Galtean fashion, if some players are not permitted to operators freely, then they won't take the field. Instead, they'll look for a different game.
Friday, August 7, 2020
Opting Out
Labels:
football,
freedom,
health care,
institution theory,
liberty,
regulation,
security
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