Baby formula shortage should spur new thinking about regulations

But I’ve also observed enough government regulation to know that the rules might be unnecessary. State authorities expressed their willingness to dispense with the restrictions during an emergency. If the rules carry more costs than benefits now, at a time when baby formula is scarce, it’s hard to picture a scenario in which the rules would be beneficial.

It’s possible those rules were never needed, or #NeverNeeded, as the Washington, D.C.-based Competitive Enterprise Institute might say.

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