Losers Magazine (tm) Article No. 3 (10/5/95) by Carl E. Person Little-Understood Ways in Which Law Injures Our Economy

First Published 10/5/95; Last Update (Links Only): 11/21/03 at 11:05"

Readers may wonder what a political magazine is doing in LawMall(tm), which some persons would argue should be limited to legal matters, and not political matters.

This thought is one of the main problems which needs to be overcome by the public to be able to understand the nature of the economic problem which faces the United States. I refer to it as the cubicle problem, meaning that well-meaning and other bureaucrats (whether working for government or a large corporation or non-profit group) usually avoid dealing with problems which belong in someone else's cubicle.

The problem is that most important problems don't have any designated cubicle, because of the multi-disciplinary nature of the problem, and nothing is done; the bureaucrats are all satisfied that they have done their cubicle's designated job; and the problem gets worse.

What I'm trying to say is that problems often require an interdisciplinary mix of fields to deal with effectively, and most persons dealing with problems don't have the requisite knowledge or interest, and certainly the public who is asked to back a proposed solution never understands the problem or the real solution, and the problem continues.

LawMall(tm) with its multi-disciplinary background (as you can see from the various types of information provided) seeks to put it all together in the context of helping to identify the problem, which then leads to the solution to the problem.

The problems are often legal but not recognized as such. For example, as long as readers believe that a free market exists in the United States, there is little interest by the readers (or public) to explore the possibility that there are various legal restrictions which make the market (and potential cure for a given problem) anything but free.

Thus, if we assume that the best business ideas have already prevailed in this erroneously-assumed free market, the fact that there are substantial legal restraints in the capital markets might well have prevented millions of jobs from being created in the United States.

Are there restraints in the capital market? What readers even understand what restraints are? Or how they affect the raising of capital to start a new business and create new jobs?

Does anyone wonder why restraints have been created in the capital markets and that nothing has been done to eliminate them?

More than likely, if these restraints in the capital market had never been created, or had been eliminated 20 years ago, the country's economic slide would have been averted to a great extent.

And if other legal restraints which can be identified had also been eliminated, the total effect might well have caused the American Dream to continue to this day, and then some. But this has not happened.

Some of the important legal restraints I am concerned about, in addition to the various federal and state restraints on raising capital (see chapters 13-14 in book, Part I of Book, are restraints in education, restraints inherent in licensing requirements, restraints in the political process which prevent fair elections (see complaint in action brought to eliminate some restraints - Complaint in Action against Democratic Party and TV Networks; restraints in the running of Congress; and restraints in the judicial system, to offset some of which I set up the National Private Court, National Private Court brochure.

You can read these educational restraints at various places in LawMall (tm), including my pamphlet entitled How You Can Make NYC #1 Again at the following parts: 5. Reducing Welfare Costs through For-Profit Welfare Auctions; 6. Legalizing Unregulat ed, For-Profit $25/Week College and Vocational Program; 7. Subdividing NYC Contracts to Permit Small Business & Individual Bidding; 26. NYC Data Processing Bulletin Boards of All Events/Activities in NYC; and 30. Curing Nannygate - Eliminate All Regulations as to 1st Three Employees Pamphlet on Making NYC #1 Again.

A more elaborate presentation is found in my book, A Presidential Candidate's Self-Interview on Job Shortages - a 3-Part Electronic Book, by Carl E. Person, Self-Appointed Economic Advisor to H. Ross Perot, Bill Clinton, Paul Tsongas and George Bush, outlined in my Letter to Literary Agent.

You should read portions of Parts II and III of the book, as follows: 24. The Two Most Important Parts of Our Economy; 25. A College Education for $2 Per Hour - Unregulated; and 26. Proprietary Schools - Destruction by Discriminatory Regulatory, contained in Part II of Book; and 27. Vocational Education and the Personal Assistant; 28. Summary - Prescription for Curing Job Shortage; 30. Political Basis for Micro-Economic Restraints, contained in Part III of Book.

I started writing another book on education, tentatively entitled Improve U.S. Education by Spending Less, and subtitled College Educations for $2 Per Hour), and prepared drafts of the forward and 4 chapters, as follows:

Forward