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The last paragraph of the article reminds me of recent closures of kids' lemonade stands by government inspectors:

http://reason.com/blog/2011/07/18/lemonade-stand-crackdown-c...

There's something perverse about a government that cuts away people's autonomy and forces everyone to rely on its handouts. I'd rather live in a society of free people than a society that can't imagine life without the government telling them what to do. I could do with a little less "civilization" when it comes to closing down a 5 year old girl's lemonade stand because she didn't prepare her pitcher in a kitchen with a 3-basin sink.

Regulations aren't made with the good of society in mind. They're usually made by self-interested businessmen looking to keep out competition. When you realize this, you will reach political enlightenment.



I would say that that was a more a case of individuals police officers being pricks. But then again perhaps they were trying to conscientiously apply the same law with which they just harassed an immigrant street vendor on the other side of town.

They're usually made by self-interested businessmen looking to keep out competition

Is "regulatory capture" the latest buzz phrase from Frank Luntz? Powerful business interests are going to try to influence the regulatory process anyway, so let's just let them run amok.


>Is "regulatory capture" the latest buzz phrase from Frank Luntz?

Beats me. But you're delusional if you think regulations are created by disinterested people contemplating the public good.

We live in a world where Fannie and Freddie debt was regulated as Tier I capital, for goodness sake. We live in a world that requires (black) hair-braiders to pass a 400 hour course on cutting (white) people's hair to open up shop. We live in a world that caps San Francisco taxi cabs at approximately 1% of the number demanded. The evidence demands at least a slightly cynical evaluation of the regulatory state.

I don't think I've ever watched Fox News or listened to Limbaugh, by the way, at least not for more than 5 minutes in a waiting room. You can leave the ad hominem at home.


Um, no. It was coined by the late great economist, George Stigler. It comes from the field of economics.

What concerns me is your ease in classifying a phrase as a Frank Luntz "buzz word" for the mere reason of disagreeing with it. It shows a deep lack of imagination, no different from those who hold delusional views about George Soros.

http://en.wikipedia.org/wiki/Regulatory_capture




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