The gloablized world and the abundance it has is driven by laws and regulations.
Even the fact that you have abundant clean water and good food that you can enjoy in your electrified and heated house and you can order an overnight delivery for hundreds of things that will just fit and/or work in your house is the direct result of thousands of regulations.
I thought it was the direct result of millions of entrepreneurs and businesses willing to put up with onerous regulation to still offer me all those goods and services I enjoy.
By definition regulation adds restrictions and obligations making their life a little (or a lot) harder and closing down the ones who'd rather focus on making stuff than deal with bureaucratic rules.
Still waiting for an example of a regulation which directly resulted in more of the thing it regulated.
Comments
The gloablized world and the abundance it has is driven by laws and regulations.
Even the fact that you have abundant clean water and good food that you can enjoy in your electrified and heated house and you can order an overnight delivery for hundreds of things that will just fit and/or work in your house is the direct result of thousands of regulations.
I thought it was the direct result of millions of entrepreneurs and businesses willing to put up with onerous regulation to still offer me all those goods and services I enjoy.
By definition regulation adds restrictions and obligations making their life a little (or a lot) harder and closing down the ones who'd rather focus on making stuff than deal with bureaucratic rules.
Still waiting for an example of a regulation which directly resulted in more of the thing it regulated.