The radical changes needed if we
are to survive as a free people
The Costs of Regulation and How the EU Makes Them Worse
Everyone, including politicians, agrees
that red tape stifles the economy. Unnecessary and preventative regulation,
no data or scientific investigation, let alone a risk assessment, impedes
entrepreneurial activity, social existence and liberty.
It makes the lives of those it tries to protect, empty and dull; it prevents
technological development; and lowers economic
performance, keeping many people in poor conditions.
William Mason looks in this paper at the development of the regulatory
structure and the forces that drive it – political ambition, the need for
officials to make a mark for their career, single-issue lobbying organisations
that do not have to deal with the consequences and, above all, the European
Regulation for the European Union is a necessity as it is the strongest method
of integration, the political structure’s aim. Only by imposing endless
legislation and strengthening the regulatory structure can the various bodies
of the EU show their power over national parliaments. What has actually
developed with the various sources from which regulations can hit us is a
regulatory competition, with each politician, organisation and political body
trying to outbid the others. The result is catastrophic for the economy,
social existence and any idea of freedom and responsibility.
William Mason analyses the sorry state of affairs we have found ourselves in,
gives examples and even provides the solutions of how to create a freer and
more harmonious society - better able to help each individual achieve his or
Politicians need to have the courage to implement radical changes if we are to
survive as a free people. If we do not take action to eliminate the drivers of
over-regulation, there will be no society left to decide what level of
regulation is appropriate – merely individuals and the state.
Founder President: The Rt Hon. the Baroness Thatcher of
Kesteven, LG, OM, FRS President: The Rt Hon. the Lord Tebbit of Chingford, CH,
PC Vice-President: The Rt Hon. the Lord Lamont of Lerwick,
Chairman: Barry Legg Director: Robert Oulds MA, Head of
Research: Dr Helen Szamuely, Washington D.C.
Representative: John O'Sullivan CBE Founder Chairman: Lord Harris of High Cross,
Former Chairmen: Dr Brian Hindley, Dr Martin Holmes &
Professor Kenneth Minogue