Exposing The Regulatory-Industrial Complex
It is vital to understand that regulations often are written by and for vested interests. Lew Rockwell gives us a list of examples in the attached article.
(From Mises)The Securities and Exchange Commission was established by Franklin D. Roosevelt, with its legislation written by corporate lawyers to cartelize the market for big Wall Street firms. Over the years, the SEC has stopped many new stock issues by smaller companies, who might grow and compete with the industrial and commercial giants aligned with the big Wall Street firms.
Reprinted from: https://www.ac2news.com/2019/05/exposing-the-regulatory-industrial-complex/
