If You Really Want Broad-Based Prosperity, Dismantle the Regulatory State
National Review cites Vice President for Strategy Iain Murray on dismantling the regulatory state:
So argues Iain Murray of the Competitive Enterprise Institute in this Law & Liberty essay.
The vast regulatory state needs to be dismantled. Murray writes that, “We can think about this in terms of what it takes to build a successful enterprise. The basic building blocks are finance to get it off the ground, energy to power it, and labor to staff it. All three of these factors are highly regulated, and regulations restrict access to entry into the market. Worse, while many such restrictions are often the result of unintended consequences, too often they are by design. Where the free market is providing solutions, regulators seem determined to close them off.”