Matthew Yglesias has interesting comments on an important subject consuming the political blogosphere.
We have a serious collective action problem here. Free marketers like Sullivan and Volokh are too blinded by ideology to see the compelling need for government intervention. A temporary regulatory solution could help us resolve this mess. For the next five years, say, straight women must ‘insist on only dating hot guys’ (we'll have to empanel a ‘Federal Hot Guy Commission’ consisting of ‘shallow, beauty-obsessed [gay] males’ to rank everyone) and see if the hot guy supply increases in response.
I think Matt's still sounding like a Republican insisting that businesses can regulate themselves with just a little friendly advice. What are the tax incentives and funding that he intends to include in his plan? Policy is in the details.
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