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Less Regulation, More Information, Better Results


Published September 26, 2023

Regulations assume the government has all relevant information to solve a problem optimally, but bureaucrats can't make the best choices for individuals because they lack personal knowledge and constraints. Providing data so people can decide themselves utilizes more information than expert bureaucrats have access to. Though not perfect, as government could mislead, providing information is generally a better non-coercive solution than regulation.