The Pittsburg Post-Gazette references Wayne Crews's article on the cost of federal regulations.
Businesses must spend more than $1.75 trillion each year to comply with federal regulations, according to a report issued in April by the Competitive Enterprise Institute. But it's the uncertainty they cause that contributes more to unemployment.
Read the full article at the Pittsbury Post-Gazette.
Fred Smith is the animating spirit at the Competitive Enterprise Institute. Fred conceived of the idea for an organization that would, in his words, “find a more positive answer to the challenge Joseph Schumpeter laid down in his essay, “Can Capitalism Survive?” He founded the organization and served as president for nearly three decades.
He died at the age of 83 at home in Maryland where he is survived by his beloved wife Fran. Fred was a friend and mentor, an advocate and ally, and an inspiration. His bright light lives on in our work.
Fred Lee Smith
December 26, 1940 – November 23, 2024