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Business Case Study; What Causes Over-regulation? Print E-mail
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Have you ever considered what causes the government to make more laws and rules which impact business? Most of these rules and regulations cost the consumer more money because it costs money to companies to follow access rules and they pass these costs on to the consumer.

It is interesting because the government regulatory bodies promised that they are making the rules to protect the consumer and yet all they do is raise prices. As a consumer I do not feel protected by having to pay higher prices; how about you?

When we see a business or corporation breaking the law we may realize that such abuse might lead to further regulations. Alan Greenspan the former Fed Chairman stated the problem with making a new regulation is that once you make it the temptation to make more regulations on top of it is just too great for the government. This is true.

Eventually we have found that our government controls nearly every aspect of our daily lives and this is why industries need to watch themselves and to be a little more diligent in self-policing. Of course if you consider that a corporation might be breaking a law you also need to ask yourself why is that law in existence in the first place and if the company simply did not fill out a form or follow some silly rule, which protects no consumer or no free man, then are they really hurting the consumer or testing the government regulators ability to enforce BS rules?

Well, It is a push pull and really those who are really running things, like it that way. More rules help them rule over the competition and no rules can allow them to get way with murder and abuse the system. Adam Smith was right, but then again so was Ayn Rand. Consider all this in 2006.

"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance in the Online Think Tank and solve the problems of the World; www.WorldThinkTank.net/

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