Rick cites a remark by Senator Christopher Dodd about the financial regulation bill: “No one will know until this is actually in place how it works.” My observation is that Dodd’s remark was actually true, and would have been true to a substantial extent even if the bill had been properly read, debated, and analyzed. A more perceptive man than Dodd might have seen this as a reason to avoid making such overwhelming changes all in one fell swoop.
Several years ago, I posted about the failure of the FAA/IBM project for a new air traffic control system. The new system was known as the Advanced Automation System and was intended to be “as radical a departure from well-worn mores and customs as the overflow of the czars,” in the words of a participant. Another participant described the radical ambitiousness of the project as follows:
“You’re living in a modest house and you notice the refrigerator deteriorating. The ice sometimes melts, and the door isn’t flush, and the repairman comes out, it seems, once a month. Then you notice it’s bulky and doesn’t save energy, and you’ve seen those new ones at Sears. The first thing you do is look into some land a couple of states over, combined with several other houses of similar personality. Then you get I M Pei and some of the other great architects and hold a design run-off…”