The Mild, Mild West: Regulation in America

Over at the newly launched U.S. edition of the U.K.-based CapX wesbite, Wayne Crews and I have a short primer on U.S. regulation:

America has a reputation as the land of Wild West cowboy capitalism. The truth is rather more mundane. The US economy is one of the most heavily regulated in the world, with the total cost    of federal regulations standing at nearly $1.9 trillion—equivalent to nearly two thirds of the UK’s entire GDP.

Read the whole piece here. For a more through treatment, see Wayne’s annual Ten Thousand Commandments report.