Well, I’m not rich, and Mencken doesn’t get me hot or bothered. :-)

But it has been noted for some time that large corporations don’t fear regulation; the costs (generally speaking) don’t damage them nearly as much as their smaller competitors. And they like the fact that the same regulations that they find manageable prevent small companies from innovating and turning into genuine competitors.

Written by

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store