Bravo! Musk is spot on! This has been a frequent complaint for several decades by many individuals!
Over decades, Western democracies have accumulated a dense, expensive, and too often useless jungle of regulations! We need a chainsaw man!
Small and limited government please!
"There are so many government regulations placed on businesses that it’s like “a million little strings that tie Gulliver down” and eventually he “can’t move,” said billionaire entrepreneur Elon Musk in an interview ... At the governmental level, he added, there needs to be a “regulation removal department.” ...
“When things have been prosperous for a long time, you get an accumulation of laws and regulations, naturally,” said Musk. “And these laws and regulations are immortal whereas humans are obviously mortal. ...
Norberg then noted that in the classical liberal tradition it is a given that “we don’t know everything – nobody does,” and therefore it takes trial and error, a discovery process, to find out what works and what doesn’t. And this is risky and costly but necessary. Unfortunately, a risk-averse culture dominates “in many businesses and certainly in government,” said Norberg. ..."
“When things have been prosperous for a long time, you get an accumulation of laws and regulations, naturally,” said Musk. “And these laws and regulations are immortal whereas humans are obviously mortal. ...
Norberg then noted that in the classical liberal tradition it is a given that “we don’t know everything – nobody does,” and therefore it takes trial and error, a discovery process, to find out what works and what doesn’t. And this is risky and costly but necessary. Unfortunately, a risk-averse culture dominates “in many businesses and certainly in government,” said Norberg. ..."
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