
Originally Posted by
Thatguy
Nowadays the danger from elec. is down in the noise, probably for many reasons.
1300/yr electrocuted vs. 40,000 highway deaths/yr vs. 1000/day smoking related fatalities.
I'd look at what add'tl increment in safety you get for each dollar spent. If you say a CB gives you $20 worth of safety then an AFCI maybe gives you $1 more worth of safety. It's the law of diminishing returns.
Do these quasi-governmental agencies mentioned above fit this description?
"Regulatory capture is a term used to refer to situations in which a government regulatory agency created to act in the public interest instead acts in favor of the commercial or special interests that dominate in the industry or sector it is charged with regulating."
"Public choice theory holds that capture is inevitable, because vested interests have a concentrated financial stake in the outcomes of political decisions, thus ensuring that they will find means—direct or indirect—to capture decision makers"
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