employment and regulation
The consequences of doing so may not be what you’d expect.
The Republican’s choice for head of the CBO, Keith Hall, spent some time at a libertarian think tank reportedly funded by the Koch brothers, where he wrote about the effect of regulation on employment. Hall argued that regulations cause unemployment (include indirect effects because of price changes), and that the costs of unemployment should be included …CONTINUE READING
Blake Hudson called my attention to a nice post on this subject at ProPublica. The post has links to two very interesting documents. The first is to a Census Bureau report showing that hardly any employers attribute layoffs to regulatory burdens. The other is to a very careful study by Dick Morgenstern, a highly respected …CONTINUE READING