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Old 10-14-2010, 06:41 AM
Eric Biesel Eric Biesel is offline
Join Date: Jun 2010
Posts: 48
Default Re: We Know How to Do Crazy Now (Tim Fernholz & Katherine Mangu-Ward)

I also just can't resist adding that institutions like Reason spend a lot of time opposing things like licensing laws, which often disproportionately enable the affluent to insulate themselves from competition from poor and politically impotent potential competitors. In many large cites, powerful local corporate interests hijack the regulatory apparatus of the city by requiring hugely expensive licenses to engage in business that really doesn't require licencing to protect the public interest, but simply works to protect established market dominance.
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