The libertarian faith in deregulation offers an easy solution for all problems on only one condition: you must be too unimaginative to understand how it will go

The libertarian faith in deregulation offers an easy solution for all problems on only one condition: you must be too unimaginative to understand how it will go wrong. That's an easy condition for most people to meet. Deregulation also offers great opportunity in the form of resurrecting old hustles. Regulatory capture is real, but so is the lobby that knows exactly why Chesterton's fence was put in place and can't wait to trick us into removing it.