User profile: Mokesmith
Joined: Dec. 4, 2008
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- Most Read
- Discussed
- Most E-mailed
- Another potential buyer emerges for Fontainebleau
- Rebels try to avoid the ‘trap’ at Santa Clara
- Kirk Kerkorian: CityCenter is ‘simply the most amazing’ Vegas project ever
- Rain - possibly even snow - heading to Las Vegas
- Gorman cruises past Del Sol for championship
- Road warriors: No. 24 UNLV squeaks by Santa Clara, 66-63
- Dawn Gibbons’ story: First lady talks about divorce, humiliation, fears
- Temperatures dip into the 30s in Las Vegas
- California’s trash could be our treasure
- One killed, one wounded in shooting at party
Blogs
The Kats Report
Cowboy Steve Wynn recalls days of ropin' on Ralph Lamb's ranch (2 Comments)
Elsewhere
Dawn Gibbons' story: First lady talks about divorce, humiliation, fears (16 Comments)
The Kats Report
Kirk Kerkorian: CityCenter is 'simply the most amazing' Vegas project ever (16 Comments)
Robin Leach's Las Vegas Celebrity Watch
Great Santa Run: Unofficial 14,595 runners would be a new record
Elsewhere
Rampage Jackson to return to UFC (3 Comments)
Politics: Ralston's Flash
Superintendents want state to immediately seek Race to Top funds (1 Comment)
Top Chef: Las Vegas
The Jet Stream: The great Jennifer debate (2 Comments)
Calendar »
- 7 Mon
- 8 Tue
- 9 Wed
- 10 Thu
- 11 Fri
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Save Tony Verdugo fundraiser at Jet
Jet | 8:30 p.m. to 10:30 p.m.
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Rockhouse’s Rodeo Roundup
Rockhouse Bar & Nightclub | 10 p.m. to 11:59 p.m.
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Dom Irrera at the Riviera Comedy Club
The Riviera
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Football specials at Diablo's
Diablos Cantina
The Sun
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KDR81: "We already have government management of workplace safety to the tune of $500 million a year."
This perspective misses a central aspect of human nature. Economics tells us that we will spend the least amount of money we can get away with, on workplace safety just as other business costs. The presence of government health and safety regulation prompt most legitimate businesses to pay attention to the issue, preventing untold already-avoided injuries, deaths and costs to business that are not accounted for in your calculations. Even the current regulatory burden is a joke in many industries: go work for a week in a meatpacking plant and then report back to us how inefficiently safe those OSHA regs made your work.
If your business cannot efficiently prevent injuries that externalize harm onto society, you should get out of that particular business and make way for those who can.