RISK-BASED RULES CAN END THE ABSURDITY OF FISHY AIR CARGO REGULATION

摘要

There are many regulations in our country bordering on the absurd. For example, catching a fish with your bare hands in Indiana is illegal. Eating dead frogs in California is punishable by a fine. And, if one is so inclined to hire someone to point out the sights in our nation's capital, that tour guide in Washington, D.C., must be licensed. Despite these examples of ridiculousness, in most cases, regulations are indispensable to the proper functioning of economies and societies. They support fair markets, protect the rights and safety of citizens, and ensure the delivery of public goods and services. But some regulations, however well-intentioned, can cause more harm than good. As the world changes around us with rapid advances in technology, the evolution of e-commerce and continuously shifting supply chains, forwarders and carriers scramble to adapt despite the preponderance of regulations coming from a government that seems oblivious to modern realities.