Restrictive zoning ordinances make the cost of living in high-growth cities prohibitive. This hurts millions of people and shuts tens of millions of others out of the most dynamic areas of our country.
The healthcare system is like a cartel that limits new medical schools, doctors, and innovative forms of competition. Cronyism, ludicrous tort law, local monopolies by hospitals, and a dense mesh of rules and restrictions create a “cost disease” that wastes $1 trillion a year.
The prison system, fueled in part by a misguided “war on drugs,” incarcerates millions of people—disproportionately minorities—with horrific recidivism rates, ruining lives and communities.
Education, a national experiment in centralised control and funding, is unequal, mediocre and leaves students unprepared for a complex economy.
A maze of over a million federal regulatory commands, with thousands of new “guidance documents” released every year, and a comparably vast net of state-level regulation, make entrepreneurship expensive and difficult. This regulatory sand-trap favours the wealthy and powerful (who can afford armies of lawyers) over small businesses.
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