The Subtle ‘Tyranny’ of Regulatory Overlords
January 12, 2018 By Jon Henschen, Intellectual Takeout Who really benefits from the 14,000 pages of Dodd-Frank? If you’re a business owner, you quickly learn the pains of regulation and how it impacts your ability to survive and thrive. Author and theologian C.S. Lewis framed the topic best when he said, “Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” This description aptly describes the actions of governmental bureaucrats who make up...