"[...] they don't realize that things like regulations are often not only necessary but desirable - not an evil but a Good Thing.
"A mechanical regulator prevents a machine
from running too hot, too cold, too fast or too slow. A voltage
regulator keeps the electricity flowing the components at a steady
level. Both forms of regulation keep equipment from blowing up or
burning out. This is what regulations are supposed to do. True, if
done badly regulation can add unnecessary work and parts making a
machine - or a system - perform poorly. Both conservatives and
libertarians want to smash the regulations and let the machine run
wild." --
malada,
2011-06-26
[overlaps an earlier QotD by a line]