Environmental and labor-safety regulations are luxury goods: poor people worried about feeding their families tomorrow rationally prefer higher take-home pay over safer conditions, so such regulations only emerge once a middle class of sufficient size demands them politically—and cannot be successfully imposed from outside.

causalpending

Speaker

Mike Munger

Evidence Quote

these are what economists call luxury goods

Source

Mike Munger on Fair Trade and Free Trade 12/3/2007EconTalk
Created: 6/17/2026, 10:31:24 AM

My Notes

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