The Overregulation Quagmire: Los Angeles's Path to Stagnation

Chuck Wolfe's recent essay on the rebuilding of Los Angeles serves as a cautionary tale about the dangers of unchecked environmental regulation and government overreach. Reflecting on the work of the late Mike Davis, Wolfe illustrates a future hampered by too much bureaucracy and not enough market-driven innovation. He argues that the path forward should minimize state intervention, fostering an environment where business can thrive, and individual freedoms are preserved. Wolfe suggests a prudent approach to urban development that leverages private investment to create sustainable growth, rather than relying on an overbearing regulatory framework.