No man, one sees, can understand and estimate the entire structure or its parts—what are its frailties and what its repairs, without knowing the nature of the materials.
There were clerks and shopgirls; old fellows who might have stepped out of the pages of Honore de Balzac; members, male and female, of the professions which make their profit of the frailties of mankind.
Whatever the frailties of these calculations, they are the best we have.
Regulation needs to be built on an understanding of such human frailties.
We all have human frailties.