cost-benefit policy
Regulatory Review in Anti-Regulatory Times: Congress
Congress overturned a host of regs at the start of the Trump Administration. Looks more like a random walk than a systematic effort.
In theory, cost-benefit analysis should be just as relevant when the government is deregulating as when it is imposing new regulations. But things don’t seem to work that way. This is the second of two blog posts analyzing how costs and benefits figured in decisions during the past two years of unified GOP control of …
Continue reading “Regulatory Review in Anti-Regulatory Times: Congress”
CONTINUE READINGRegulatory Review in Anti-Regulatory Times: The Trump Administration
Cost-benefit analysis turns out to make very little difference when the issue is rolling back regulations.
In theory, cost-benefit analysis should be just as relevant when the government is deregulating as when it is imposing new regulations. But things don’t seem to work that way. This is the first of two blog posts analyzing how costs and benefits figured in decisions during the past two years of unified GOP control of …
Continue reading “Regulatory Review in Anti-Regulatory Times: The Trump Administration”
CONTINUE READINGEcon101, Ideological Blinders, and the New Head of CBO
There are troubling indications that Keith Hall lets ideology blind him to basic economics.
Last week, in a post about the employment effect of regulations, I mentioned briefly that the new Director of the Congressional Budget Office, Keith Hall, had endorsed some questionable views on the subject. A reader pointed me toward an additional writing that has done a lot to escalate my concerns. There are disturbing signs about both Hall’s ideological bias …
Continue reading “Econ101, Ideological Blinders, and the New Head of CBO”
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