When a farmer leaves some unharvested crops in the field, they are not "wasted." Real waste would be found in efforts to use up every last physical resource, no matter how costly those efforts might be.
We don’t let just anyone repair our homes or perform surgery. So why do we let everyone vote, and, theoretically, let just anyone rule? Jason Brennan’s recommendation is epistocracy: the rule of the knowledgeable.
A lobbying group in Canada is demanding home-sharing services like Airbnb face stiffer government regulation. Activists claims its all for "the community." But huge corporate hotel firms are the only ones likely to really benefit.
When an elected official or government bureaucrat interferes with a valid, non-coerced exchange, they may appear to be helping one individual when they are actually harming a foundation of modern society; free exchange of goods and services.