Quotation of the Day…

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… is from page 201 of my former Mercatus Center colleague Adam Thierer’s important 2020 book, Evasive Entrepreneurs [original emphasis]:

What permissionless-innovation advocates generally are advancing is the notion that new ideas deserve a fair shake or that entrepreneurs and innovations should generally be considered innocent until proven guilty. Permissionless innovation means giving innovators a bit more breathing room and avoiding a knee-jerk rush to regulate the new and the different. It means innovators should have a green light to experiment with those new and different ideas unless we can agree that a compelling reason exists to disallow trial and error as the basis of innovation policy.