Many bear this silly or oversimplistic notion that laws and or regulations are immaculate. And that all it takes is for people is to have the right sense of ethics to conform or comply with them.
They believe that the way to prosperity is no more than actions via best intentions. Such naive outlook ignores the fact that best intentions are defined or qualified differently by different individuals (value preferences).
And people are not automatons. People’s actions, operating in a world of scarcity, have intertemporal effects. This means some actions may have positive results over the short term at the expense of the long term and vice versa.This applies to laws and regulations as well.
Bottom line: many laws predicated on best intentions, produce bad results.
This video from Reason shows some great examples
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