Quick question about how it would play out in practice: how would it apply to things like financial regulation? For example, if more than 1% of banks ignore the rules about capital reserves, does that make the law about maintaining capital reserves void?
Or would this type of law only apply to laws enforced against individuals?
Quick question about how it would play out in practice: how would it apply to things like financial regulation? For example, if more than 1% of banks ignore the rules about capital reserves, does that make the law about maintaining capital reserves void?
Or would this type of law only apply to laws enforced against individuals?