There are so many government regulations placed on businesses that it's like "a million little strings that tie Gulliver down" and eventually he "can't move," said billionaire entrepreneur Elon Musk in an interview with Cato Senior Fellow Johan Norberg. At the governmental level, he added, there needs to be a "regulation removal department." Musk, who runs Tesla, SpaceX, X (formerly Twitter), and several other companies, made his remarks at the Buenos Aires conference, "The Rebirth of Liberty in Argentina and Beyond," which was sponsored by the Cato Institute and Libertad y Progreso. The event's main speaker was Argentine President Javier Milei. In the interview with libertarian author and filmmaker Norberg, Musk was asked about the risk-averse culture that regulations create and how entrepreneurs can innovate and grow given those roadblocks. Musk replied that the long period of prosperity following World War II has, ironically, contributed to the problem.
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Table of Contents
- There are so many government regulations placed on businesses that itʼs 1
- Senior Fellow Johan Norberg . At the governmental level he added there 1
- Musk who runs Tesla SpaceX X formerly Twitter and several other 1
- Rebirth of Liberty in Argentina and Beyond which was sponsored by the 1
- Cato Institute and Libertad y Progreso. The eventʼs main speaker was 1
- Argentine President Javier Milei . 1
- In the interview with libertarian author and filmmaker Norberg Musk was 1
- When things have been prosperous for a long time you get an 2
- So the longer you have this generation of this creation by rules and 2
- The regulatory gridlock in Western societies is so stifling that it 2
- Thatʼs all they have to show for it. It doesnʼt even have rails on it. 2
- Itʼs really too absurd for parody said Musk. Because large projects are 2
- There has to be some garbage-collection process for removing rules and 2
- Norberg then noted that in the classical liberal tradition it is a given that 2
- Norberg. Many are so conservative they wouldnʼt let anyone do anything 2
- So the question is how do you deal with that kind of risk-averse culture 2
- Norberg asked Musk. What changes in culture and regulation would you 2
- Musk replied At a government level I think there should be a regulation 2
- He continued In general I think government should be actively deleting 2
- President Milei isI think he seems to be doing a fantastic job on this front 2
- Since assuming office in December 2023 President Milei has slashed 2
- 2023 and is pushing for currency competition among the peso US dollar 3
- Musk added that there should be no fear in deleting government 3
- You can always put them back he repeated and really this is like taking 3
- To see the entire interview click here . 3
