Can You Be Killed By Regulation? Mike Maloney On Brexit #3

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“Regulation is the enemy of competition, and competition is the engine of growth.” In his third Brexit video, Mike shows you the devastating blow regulation and government intervention dealt to the once mighty British Empire. Just prior to World War I, Britain enjoyed immense prosperity, free markets, and produced highly sought-after exports. It was the hub of global finance. But as you’ll see, all the gold in Britain’s vaults, all that wealth, would dwindle away at the hands of the government… opening the door for a new economic powerhouse in Europe. (Hint: this power suffered the largest defeats of both World Wars but emerged more prosperous than any of the victors.)