timbu::musings

Libertarian Stance

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I am always sympathetic to libertarian leaning political stances. However, I for one am glad that there are checks and balances in the world. When I read someone complaining about government regulations requiring food labeling standards it makes me a bit nervous. Yes, regulations are mostly bad. But if there weren’t just a few corporations would run amuck. I think regulations are a pretty good trade for being able to avoid liability in the guise of a corporate shell.

An interesting twist on this showed up in Badnarik’s Slashdot interview. He would avoid almost any regulation of corporations, but stockholders would be 100% liable. It’s a very interesting way to rebalance things. People would sure invest differently.

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