This was a motto pasted on our Computer Science tutors' computer back at uni. It is also the sentiment in some of the chapters of Superfreakonomics. It reminds me of the arguments of privatisation from the Economist. Of course I agree that our democratic instincts to demand that there ought to be a law (or to demand that the government own stuff) is generally too dismissive of solutions or widgets that fix the problem (or too dismissive of privatisation programs). This does not mean that I think there should be as few laws as possible/ nor do I think that everything should be privatised.
The issue is that for widgets or solutions to be thought of, tested, funded and implemented requires a societal structure which includes the strong rule of law. No "failed" state (ie state with no laws) has ever had anyone have a good idea that has managed to go through to implementation.
Freakonomics held back from proscribing any kind of philosophy. Superfreakonomics has gone a bit further, by proscribing the idea that "laws don't work", but "good technology" does. I would adjust this by saying " Laws have a place, but only with well researched social engineering :- good technology sells itself"