A Discussion
A discussion with a friend ensued about regulations. He complained that regulations were nothing but a bureaucratic way to suck profit from his business, that they made no sense, that they made doing business impossible. He then proudly announced that he was of a capitalistic mindset. He saw no other possibility. His claims rolled around in my head as I purposely tried to gather the gist of his statements. I thought of a world without regulations. I considered the arguments that I had heard about regulations, especially about governmental regulations, and how they impeded the march towards free-market capitalism. I…
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