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The kind of people who gravitate toward becoming regulators are good at crunching numbers but lack the knack for "pulling the trigger." That's why more regulations and regulators is the wrong way for taxpayers to be forced to go.

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Bureaucrats inherently seek to avoid making waves. Initiative and inspired thinking are vices to the bureaucrat, and fidelity to "the system" is the highest virtue. Orthodoxy is sacred, heterodoxy is heresy.

Because no system created by Man is ever perfect, fidelity to it eventually must lead to failure. Orthodoxy must eventually lose, and heterodoxy must eventually rise.

Regulation can therefore never succeed. It is guaranteed to fail.

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