regulatory economics
Sherlock Holmes and the Mystery of the Job-Killing Regulations
In which Holmes confronts his strangest and most perplexing case.
[I’m re-upping this 2014 post since the “job-killing regulation” meme has resurfaced at the GOP Convention. The scene is Holmes’s apartment at 221B Baker Street.] “When the prospective client arrives, Watson, you’ll find that he’s a politician, that his electoral base is devoted to Fox News, and that he gets campaign contributions from fossil fuel …
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CONTINUE READINGThe Kudlow Inversion
Trump’s key advisor on the economy, the coronavirus, and regulation, with a gift for getting everything wrong.
“Only the best people,” Trump said. Let’s talk about his chief economic advisor, Larry Kudlow. Kudlow seems to live in an inverted, upside-down world. He somehow manages to be wrong about everything — wrong about the economy, wrong about deregulation, wrong about climate change, wrong about the coronavirus. A full sweep, in other words. It’s …
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CONTINUE READINGWill Deregulation Grow the Economy?
The Trump plan of deregulation and tax cuts has been tried. It didn’t work.
President-elect Trump has promised to unleash economic growth by cutting taxes and regulation. In terms of regulations, he has said: “One of the keys to unlocking growth is scaling-back years of disastrous regulations unilaterally imposed by our out-of-control bureaucracy. “Regulations have grown into a massive, job-killing industry – and the regulation industry is one business …
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CONTINUE READINGThe Clean Power Plan — Low Cost, High Benefits
Despite claims by industry and conservatives, the CPP’s costs are completely manageable.
The Supreme Court’s stay of EPA’s Clean Power Plan was a surprise, and a questionable action on many grounds. It now seems clear that the stay — along with much of the political fuss about the CPP — was based on very questionable economics. In terms of the stay, a team of economists at Resources …
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