Regulation itself is evil

Reader comment on: Too Much Regulation Spoils A Good Haircut

Submitted by Harry Binswanger (United States), Aug 15, 2014 09:43

Look at what regulation is: a law requiring proof of one's innocence. One has to satisfy the regulator that one won't violate rights. (Any regulation that goes beyond rights-protection is invalid from the outset.) At its best, regulation is preventive law.

The only moral system is unregulated capitalism, which means laissez-faire capitalism.

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