One response I anticipate to this post is that people will ask me “So are you saying that there should be no regulation at all?” I will answer that in length, but here is the short answer – we need laws, not regulations. The difference is in how intrusive they are, whether you make people ask for permission to do things or whether you let people free to do things, but punish them for doing wrong things, and whether you punish actual harm or potential harm.

But more importantly, the question is wrong. My whole point is that to support a regulation, you need to look at the regulatory mechanism and see how it will work. So the onus is on you to prove that an individual regulation will work, not on me to prove a negative – that there is no regulation that will ever work.