In response to:

No Regulation? No Problem

Jerome41 Wrote: Jan 02, 2013 10:36 AM
sweatshop in Thailand doesn't have an advantage over a company in the U.S.
Earl29 Wrote: Jan 02, 2013 3:51 PM
Well, Jerome, there goes the ball game. You go from preventing pollution to regulating a business in Thailand. Well done.

In the short time since President Obama was re-elected, government has issued hundreds of new regulations. The bureaucrats never stop. There are now more than 170,000 pages of federal regulations.

President Obama wants still more rules. Cheering on increased financial regulation, he said, "We've got to keep moving forward." To the president, and probably most Americans, "forward" means passing more laws.

It is scary to think about a world without regulation. Intuition leads us to think that without government we'd be victims of fraud, as I explain in my latest book, "No, They Can't!" But our...