Katherine Mangu-Ward

And I would just say, like, hate the government, hate the government for creating all these opportunities to buy influence.

And the solution is

If tariffs are low and simple and implemented equally across the board, there's no influence to buy.

If the FCC is disempowered, there's no threats that can be made by the White House to

you know, revoke your broadcast license.

And that kind of move is just like a very classic libertarian move.

Like this is what libertarians have been saying all along is if there is no FCC, you don't have cronyism in that area.

If there is no elaborate new tariff scheme every time that someone comes into office, that reduces those opportunities.

Yeah, absolutely.

And I, well, I mean, I guess I think the fact- Because that's what the cronyism leads to, right?

So they want federal regulation, yeah.

Right.

And so this is, as you say, regulatory capture is a huge issue here, rent seeking.

I do think, though, you know, my perspective is that is all the more reason to have few or simple and very egalitarian regulations.

And I think, you know, you see this you see this temptation to.

showing up all kinds of places.

I mean, you remember the period, whatever it was, maybe like seven or eight years ago, when they kept bringing in the big tech CEOs and founders to sort of testify.

They'd have hearings and they'd say like, my iPhone's not working.

And then it would be like, sir, I work for Google.

Like that whole interaction that was happening regularly.