Monopoly and Competition
Companies with government-granted monopolies never have to worry about going out of business. And they can therefore behave badly without any consequences.
Other Schools of Thought
Bureaucracy and RegulationThe Environment
If climate change effects aren't enough to put a noticeable dent in life expectancy, then why is climate change talked about as an apocalypse?
Bureaucracy and Regulation
Any time officials use “controls,” you know the policy is going to be a failure. Whether it is preceded by “price” or “rent,” this economically defiant measure produces destitution, deterioration, and destruction.
Politicians say they need longer terms in office so they can "do more" while in office. That by itself is an argument for shorter terms and more frequent elections.