Wednesday, September 25, 2013

Regulation

Car dealers in California, unable to restrict Tesla into third party sales, complain about its website.

Every regulation defies the laws of economics, but California's new regulation requiring social media outlets allow teens to delete posts defies economic and internet reality. This seems humorous in its face, but it's evil in substance. This is the nose of the camel in the tent. They've passed one regulation on the internet. There's no moral or principled foundation to resist them now. This is terrible news.

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