Big Business Loves Regulation

To increase profits, guarantee against failure, and crush the competition–or such is the hope. Oh, and to enlarge and further empower the State–the other side of the deal. But since the State is such a stupid institution, it is big business that originates almost all such schemes. Thanks to Sean Corrigan via Mises.org for another example.

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10:20 am on July 14, 2008