An acquaintance of mine asked me why I was so knee-jerk in my opposition to government regulation.  Upon reflection, I decided that it was because knee-jerk anti-regulationism is the rational position.

Regulation is an evil in and of itself. It may be a required evil, under a certain circumstance. For example, it is a good thing that we have homicide laws. But we are engaging in a trade-off:  we accept the costs of that regulation (including the promotion of moral decrepitude intrinsic to externalizing the regulation instead of expecting everyone to carry “thou shalt not kill” as an internal moral requirement) because of the anticipated higher cost of not having such a regulation (family vendettas, mass slaughter, blood in the streets).

Other times it’s a bit more of a gray area. Is it a good thing to restrict business activity through anti-trust laws? There are arguments to be made on both sides. Whichever side you come down on, there’s still a trade-off being made.

And then there’s the vast area of regulation which are simply a favored group’s use of state power to impose their preferences on others, with no compelling rationale. There is no objective reason to prefer dense-pack housing to sprawled-out housing; some people would prefer to live in dense pack and others would prefer to live in inexpensive tract homes. If environmentalists grab control of the reins of the state they can make developing the latter impossible through regulation, and that kind of regulation is intrinsically evil.  If developers grab control, they can shift the cost of developing infrastructure onto the city; that is also evil.