Regulations Gone Wild: How Excessive Rules Hurt Prosperity

"Now, I'm all for smart regulation that keeps the air clean and the water pure, but we all know that there are a lot of rules that simply don't make much sense. It reminds me of the Simpsons cartoon where Homer crusaded for a stop sign at a dangerous intersection. It made perfect sense it was a great idea, but he didn't stop there. Pretty soon, he had all kinds of laws and rules, most of which were ridiculous. And then, at the end of the episode, he gets bought off by Montgomery Burns the owner of the nuclear power plant. This is absolutely a case of art imitating life. Many regulations have started simple like Homer's stop sign, but then regulators have to justify their work so they add more regulations that increasingly make less and less sense." -Kevin Freeman

@EconomicWarRoom