The paradox of public regulation (data privacy edition)

“And who here is to do the regulating? Government is one of the biggest violators of our privacy, and also a driving force behind electronic medical records, another massive medical privacy violator (for better or worse) …. The governmental system of identity and privacy is based around the absurdity of using Social Security numbers. Government software is generations behind the cutting edge and OPM was hacked very badly, not to mention Snowden made away with all that [classified!] information. And government is to be the new privacy guardian?” In other words, who is the lesser evil? Facebook or the Feds?

–Tyler Cowen (emphasis in the original, via Marginal Revolution)

Image result for government failure or market failure
Image result for government failure or market failure
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2 Responses to The paradox of public regulation (data privacy edition)

  1. Kathy H says:

    Incompetency should be added to the list!

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