Slashing the Regulatory Burden (Part-2)
The pervasive phenomenon of over-regulation is typically the result of a systemic fault within the state apparatus: an entrenched appetite for consolidating power by state agencies, coupled with a lack of knowledge of the drivers of economic growth. As elucidated by public choice theory and William Niskanen’s model of the budget-maximising bureaucracy, state institutions inherently prioritise their own expansion over administrative efficiency. Rather than anchoring success to tangible public outcomes, these organisations are structurally incentivised to inflate their budgets, personnel, and regulatory footprints, knowing that sprawling institutions command greater political leverage, prestige, and access to public resources. This self-serving trajectory manifests visibly in the rapid proliferation of enforcement agencies with ever-expanding mandates. While institutional specialisation may occasionally be warranted to address genuine governance deficits, this unchecked expansion of the state apparatus, having colonial DNA, ultimately breeds overlapping jurisdictions and an increasingly intrusive, regressive regulatory maze.
The erosion of institutional trust represents perhaps the most damaging consequence of such a governance mess. When citizens........
