October 30, 2019
In considering the overall costs of regulation, little attention is given to the intractability of the administrative state itself. Congress shows little appetite for restraining agencies and, unfortunately, once established, Republicans may be more prone to seek to run the agencies than to eliminate them.
October 23, 2019
Competitive Enterprise Institute founder and “despairing optimist” Fred L. Smith, Jr. lamented to me once: “It’s so hard to centrally plan deregulation!”
October 7, 2019
While routine ground-level federal spending is less glamorous than interventionist national agendas, socialization of properties and resources, or economic “stimulus” and “big science” crusades, the distortions and displacement caused by ordinary government spending are nonetheless highly significant.
October 3, 2019
If one thinks government ought to run a sector of the economy (single-payer health care, education, retirement, energy), then almost by definition that individual would not be inclined toward acknowledging regulatory costs of lesser interventions. The benefits will always exceed the costs in that mindset.
October 2, 2019
If government steers in some societal, industrial, or sector-specific endeavor via top-down national plans, agendas, or legislative schemes, it can generate ongoing regulatory costs even without further legislation and rules. Not infrequently, extraordinarily consequential policy choices can eclipse the handful of official regulatory cost estimates that policymakers typically regard as illustrative of government intervention.
September 11, 2019
From the food pyramid and dietary guidelines, to vaping policies, to the Progressive zeal for eugenics, humility-challenged administrative experts can be mistaken, can mislead, or worse.
August 20, 2019
Today former U.S. Senator Jon Kyl (R-AZ), in fulfillment of an arrangement with Facebook, released an independent Interim Report (and accompanying op-ed) cataloging the primary concerns of conservatives who, as is now well known, regard Facebook as unfairly biased and opposed to conservative viewpoints.
August 19, 2019
Rent-seeking as a policy concern has been done to death: It’s been described over and over how regulation is often not about elevating the public good, but instead about disadvantaging rivals and snagging their customers, or creating artificial scarcity—whatever transfers wealth.
July 30, 2019
At a time of trillion dollar runaway peacetime deficits, big-spenders can take smug comfort knowing that regulation is even less disciplined, especially where ostensibly sub-regulatory guidance documents, notices, bulletins, circulars, interpretations and the like are concerned.
June 26, 2019
Theoretically, policymakers distinguish between economic and social regulation when examining and reporting on costs, effects, and employment.