Jaltcoh: Matthew Yglesias explains how excessive regulatory obstacles to starting a business ...

Saturday, February 2, 2013

Grobstein said...: I am increasingly convinced that business regulations are a powerful force in bigger business organizations, because small businesses face much higher regulatory overhead per revenue. Unfortunately this is a politically self-sustaining process, because people react to the dominance of big business by voting for more regulation.; February 02, 2013
John Althouse Cohen said...: That is a really good, really important point that is sure to be ignored.; February 02, 2013
trailbee said...: This morning I found an article in Yahoo, regarding the closing of stores, belonging to eight well-known retailers: http://finance.yahoo.com/news/eight-retailers-that-will-close-the-most-stores-173320796.html and wondered what all those unemployed people would do for money. I don't think many of them can follow Matthew Y's example, but surely some will contemplate entrepreneurship. (CA has just voted in over 800 new laws/restrictions, many of which will act as barriers or restraints to successful small business. )
My concern is that if small businesses hire locally, then there would be a pool of available employees. However, if the purpose of our government is to shut down private business, then enacting new laws would be the way to go. There would be no or fewer new businesses opening, making it possible to add more unemployed to that increasing government roll. I suppose this sounds a little outlandish, but that's my take on things right now.; February 02, 2013

Jaltcoh