From Lemonade Stands to 2065
By Pierre Lemieux
Regulation now encompasses everything from the growth of centralized government bureaucracies to the licensing requirements imposed on the smallest economic activities, even running a lemonade stand. This trend suggests that two alternative futures are possible: a world in which regulation extends its tendrils into even more parts of the economy, damaging liberty and opportunity, or one in which regulatory retrenchment allows greater freedom and prosperity.
|Other Independent Review articles by Pierre Lemieux|
|Summer 2021||The Impossibility of Populism|
|Summer 2015||The State and Public Choice|
|Summer 2006||Social Welfare, State Intervention, and Value Judgments|
|[View All (8)]|