People vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.
John StosselThe one thing I've learned is that stuttering in public is never as bad as I fear it will be.
John StosselA thousand restaurants close every month. They re-open, and that's good for America. Nobody's rescuing them. They employ people, too. If we let them go bankrupt, the factories don't go away, the creative people don't go away. They get employed more productively by others.
John StosselPeople acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world.
John Stossel