Source: Bet On It
by Bryan Caplan
“Businesses have an unsung superpower. They aren’t just awesome at producing and marketing goods and services. They are also awesome at coping with government stupidity …. Thanks to competition, consumers ultimately pay the price of wasteful government policies. This is Econ 1: As long as prices remain free, government stupidity reduces supply and raises prices, allowing businesses to remain profitable despite their hostile economic environment. Crucially, however, the process of complying with sheer idiocy is itself competitive!” (05/19/26)
https://www.betonit.ai/p/the-superpower-of-coping-with-government