Federal regulations alone are estimated to cost Americans more than $600 billion yearly. We pay government in lives shortened or lost because of delays in new drug approvals. Because of a raft of restrictive barriers to enterprise, we pay for government in terms of businesses stymied or never started and jobs never created. A government education monopoly that often fails to educate exacts a terrible price by stunting careers and squandering immense human potential. One cost of government that can’t be reckoned in dollars and cents — a diminution of the individual’s basic freedom to act and speak on his own — has been deemed important enough to spark a revolution from time to time.
Tag: Lawrence W. Reed
Perfection vs. government promises
It constantly amazes me that defenders of the free market are expected to offer certainty and perfection while government has only to make promises and express good intentions.