Many millennials recognize that the economy often protects insiders at outsiders' expense. But that can be an argument for liberty too — by undoing regulatory policies that entrench the old, we can encourage the young. For example, anti-tax absolutists in California could rethink aspects of Proposition 13, which, among other things, inordinately helps older homeowners and challenges first-time home buyers. Fairer regulation, and less of it, will be an entrepreneurial boon. If a Harvard undergrad wants to start an internet business in his dorm room, he may accumulate 1 billion users before government starts paying attention. If a Haitian immigrant wants to open a grocery in Harvard Square, he may be sunk by a dense thicket of regulations.