Source: EconLog
by Saray Levy-Carciente
“For millions of entrepreneurs, the greatest barrier to generating wealth is no longer market competition but the relentless expansion of regulations and administrative procedures. While governance is ostensibly designed to ensure order, modern bureaucracy has morphed into a formidable ‘invisible shackle.’ Rather than functioning as a neutral tool of oversight, excessive red tape treats a citizen’s inherent right to produce as a conditional concession granted by the state through endless, discretionary hurdles.” (10/29/26)