Ep. 654 How Government Stifles Competition and Helps the Established

Published: May 4, 2016, 6:07 p.m.

The comic-book version of government portrays it as a benign institution innocently fostering the common good In practice, it creates a labyrinth of rent-seeking regulation that often benefits established firms and industries at the expense of upstarts. Connor Boyack and I discuss this phenomenon on the show today.