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Regulations increase the cost of entry, which means less competition, which means it hurts the free market. It really is as simple as that and you can most defi
by tekknik 8y ago
Regulations increase the cost of entry, which means less competition, which means it hurts the free market. It really is as simple as that and you can most definitely group all regulations into the same category in this case.
- mikeash 8y agoRegulations can help free markets too. For example, restaurant health regulations make people more willing to patronize different establishments. If a new restaurant can’t get off the ground because those health regulations are too difficult to comply with, that sure sounds like a good thing to me (assuming the regulations themselves are reasonable).
- tekknik 8y agosure, reasonable regulations, meaning those designed to protect human life. how exactly do these regulations do that again?