Thursday, December 22, 2011
Michael O'Leary: EU Gadfly and Low Cost Innovator of Ryan Air
Michael O'Leary is a man to be emulated. If more CEO types spoke out about regulatory burdens and corporate taxes, we might start to see a popular revolution. O'Leary's frustration is not unique to the airline industry, either. The frustration with regulatory zeal goes across a great swath of industries.
Let's be honest. Some CEOs love regulations. The biggest industry players know that regulations are barriers to their industry. Regs become a cost of doing anti-competitive business. But there are still a lot of CEOs out there who get it. They are tired of trying to make life better for customers wearing straightjackets. They are tired of being tax collectors for bureaucrats -- and passing the costs onto their customers.
Via Ideas Matter