Small Business Against Big Government

Yes, Big Business Is Over-Regulated, But It’s Also “Under”-Accountable and “Under”-Responsible

The BP Oil Spill prompted brilliant legal theorist Richard Epstein to remind us that the problem isn’t regulation, it’s government limits on liability (see op-ed at the Wall Street Journal).  Big Business doesn’t mind regulation, as long as it can put caps on it’s liabilities (see “Too Big to Fail” … ) A tough liability system [...]

Continue reading...