Reforming Regulation

Published: October 30, 2018

There are often economic, health, safety, environmental, and other benefits that justify regulation. But it is important to keep in mind that many of them create a drag on the economy by imposing costs or stifling innovation and competition. Once implemented, we need to track their impact and periodically reevaluate them. An ongoing goal should be to achieve the original goals at a lower cost.

Discussion Questions

1. What is the purpose of government regulation?
2. What are the effects of government regulation?
3. How much regulation should there be?

Additional Resources

• Read Michael Boskin’s chapter “Reforming Regulation” in Blueprint for America here. 
• You can find the rest of Blueprint for America here.