Thursday, December 06, 2007

Via Instapundit, a nice discussion of the stifling effect regulatory burdens place on small businesses and small-scale entrepreneurs. The whole point is well encapsulated in the final paragraphs:
Those who push for federal regulations to rein in "big business" often don't realize that the biggest of big businesses don't mind heavy federal regulation at all. They have the resources to comply with them, not to mention the clout in Washington to get the regulations written in a way that most hurts upstarts and competitors.

Big businesses know that a heavy regulatory burden is the best way to make sure small- and medium-sized businesses never rise up to challenge them.
This has been on our minds lately. Mrs. Peculiar has lately stumbled into a fair bit of demand for a certain home-made product. But to make her enterprise legal would require a $15,000 piece of equipment (and likely much else besides), to do $50 worth of business weekly. It should come as no surprise that chains are dominating our economy when would-be upstarts are subject to hurdles no sane family would choose to inflict on itself for highly dubious rewards. Who wants to attract venture capital just to make some extra beer money on the weekends? But surely that's how a lot of innovative businesses got their start.

On the other hand, it is a pleasure to live in one of Colorado's (and probably the nation's) least regulated counties. It shows. It would take us forty minutes to get to a fast food restaurant, two towns away, but the number of small business owners, entrepreneurs and random folks with pet projects is highly encouraging.