In recent years, the dream of home ownership has gotten farther and farther out of reach, as house prices have escalated. According to a recent study, the primary cause is excessive zoning laws - that is, government over-regulation.

Bureaucracies never die, and India's still uses genuine red tape.

"It is the duty of every officer of His Majesty's Navy, to discharge powder and shot in the general direction of the enemy."

Brazil serves as an object lesson in how government incompetence - not greed, not really bribery even, certainly not totalitarianism, just simple incompetence - can make life difficult on an otherwise free and vibrant economy.