Iain Murray has a useful discussion here.
In the past couple of months, police have put children’s lemonade stands out of business in Texas, Georgia, Wisconsin, Iowa, Pennsylvania, and Maryland. (There’s a great map, with links to the news stories, here.)
The kids have been taught a lesson, but it’s one we should learn, too: You can’t be an entrepreneur in modern-day America without bureaucrats giving you permission in the first place.
The costs of regulation today amount to $10,000 per employee per year for small businesses in the U.S. That’s why the advert where a little girl borrows her father’s phone to help run her lemonade stand and ends up running a multinational just can’t happen. The bureaucrats just wouldn’t let her do it without jumping through the costly bureaucratic hoops first. . . .
Government cracking down on Kids' Lemonade Stands
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Oleh
abudzar
