The upcoming 4th of July holiday makes me relate our current problems to those "days of yore". What about today's conflict over immigration? What about the insistence by R's and D's alike that we need a "mixed" marketplace? Does top-down regulation and control deliver on its promises? Or, like libertarians like to say, does every government program exacerbate the problem it claims to be curing?
The Revolutionary War was fought in part because of all the trade restrictions that England was heaping on the colonies. There were lots of restrictions, fees, taxes, and regulations that were in place to stop newcomers from starting up new businesses. This mercantilist mentality made sense to many people, because they thought that newcomers were going to hurt the businesses that they had grown accustomed to. The restrictions not only hurt new businesses, the restrictions also hurt consumers the way any monopoly hurts consumers; prices and shortages increased while quality declined. Also, the burden on creativity kept new inventions and innovations out of the marketplace. . . All in the name of benefitting the existing businesses.
There are so many parallels we can draw between these restrictions on newcomers in businesses and restrictions on newcomers we call "immigrants". Restrictions on immigration are just another form of welfare. These restrictions benefit the existing populace. In effect, this creates a monopoly that raises prices and dampens creativity in the marketplace. Never mind that the marketplace we're talking about is what we call "the US population"; we are shooting ourselves in the foot by creating a monopoly on "citizenship" for the current residents of the US.
For every one privileged person who is "protected" and "supported" by immigration or business restrictions and regulations, there are hundreds and thousands of people who are being hurt by such an enforced monopoly. Taxes are raised to support these laws, politicians get expanded powers, freedoms are jeopardized, busybody neighbors spy on neighbors, new businesses are stifled, prices are pushed up, the variety of goods and services is limited, creative market solutions and innovations are smothered, and on and on. It's what government does to everything it touches; the benefits are visible, while most of the costs are invisible. When future prosperity and happiness are thwarted, you don't see a crater in the ground where that future was going to sprout.
"Since no one but you can know what's best for you, government control can't make your life better." Harry Browne
