The video above from LearnLiberty is a good primer on the sort of thing I’ve been writing about for a decade: how the growth of government leads to bigger big businesses, killing small businesses, and keeping out new entrants.
Two key points elaborated on in the video:
- “When you give government the power to pick winners and losers in the economy, the rich and well-connected will be the winners.”
- “Regulations hurt small businesses more than they hurt big businesses. So, more regulations means we end up with more big businesses.”