However, the fact that such government interventions necessarily stifle economic progress is not news. [.. this] phenomenon can be observed in the natural laboratories within the United States. Economist Mark Perry has described how businesses are leaving California in “record numbers” for states like Texas that offer greater freedom from burdensome regulations. The Wall Street Journal recently reported that 37% of all net new American jobs since the recovery began were created in Texas.
Hell, maybe Texas should secede, and do its own thing. The centrifugal 3rd wave forces that tears big governments apart will certainly make this a possibility in very near future -- so they can start now. :)
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