April 24, 2014

Ghostbusters has a lot to teach about economics and regulatory overreach

By Jonathan Wood Attorney

www.youtube.com/watch?v=nZeYaJ8xJLA&list=PLlOCkpyjIlHHY3hqk6iMogeUTEzxKTd-e

Our friends at EconStories have released the latest episode of their EconPop series celebrating the 30th anniversary of Ghostbusters. As the video explains, Ghostbusters has a lot of important economic lessons to teach, particularly about the consequences of retarding innovation with overly burdensome regulation.

PLF has long known that the real villain in the movie wasn’t the Destroyer but the self-important EPA agent who shut down the Ghostbusters because they didn’t treat him with the respect that he thought he deserved. In fact, PLF attorney Timothy Sandefur has been saying so for years:

www.youtube.com/watch?v=ziLLA5BM5Bc

What to read next