I downvoted this because it's an overly simplistic narrative of the world. I'd say we've hit overregulation in a few areas and we're underregulated in other are

I downvoted this because it's an overly simplistic narrative of the world. I'd say we've hit overregulation in a few areas and we're underregulated in other areas. Some examples of possible overregulation: * Kids' car seats * Nuclear * Rent control * Railroads? (I don't know much about this) Areas that may be under-regulated: * PII * Credit reporting I'm sure many things could be added to both of these lists. Over time need for regulation can become acute, and then technology or demographics change and the regulation can do more harm than good. Really all regulation should require periodic renewal or else vanish to force agencies to reevaluate cost-benefit analysis.