Business Fears Regulatory Uncertainty More Than Regulation

Sometimes I wonder whether running a shop, restaurant or other small business during ancient times was easier than today. Sure, there was plague, war, excessive taxation and the occasional pillaging and salting of the earth. Communications were a lot slower. Basic accounting must have been a bear. But in those days, the reign of emperors and kings and caesars lasted, in most cases, for years, even decades. People in business could deal with that.  Read Full Article »