Government Regulations Create Monopolies and Stifle Competition
From our freedom to use or transform our private property emerges the freedom to trade it with anyone we choose. This freedom to trade inadvertently transforms mankind into a global supercomputer where private sector companies are always engaged in the process of economic competition which motivates companies to innovate and copy the innovations of competitors. Economic competition inadvertently causes companies to cooperate in the creation and spread of superior information and subsequent socioeconomic order. Power door locks, power steering, anti-lock brakes, and countless other automotive
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