Regulation

Contracts and the rule of law should safeguard human innovation. Government’s role in the development of technology should be limited largely to the enforcement of contracts, the recognition of intellectual property rights, and the punishment of fraudulent practices. The coercive power of the state should not be used on behalf of special interests in regulating an industry, contrary to the common good. We believe the free economy to be much more adept than the state at meeting human needs and upholding human dignity with an eye toward the common good.