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Economics

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1977

Innovation

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Government Regulation And The Slowdown In Innovation, Murray L. Weidenbaum Oct 1977

Government Regulation And The Slowdown In Innovation, Murray L. Weidenbaum

Murray Weidenbaum Publications

The excessively rapid expansion of government regulation of business is slowing down the rate of innovation and scientific progress in the United States. The answer is not to eliminate all forms of government regulation, however. Rather, the sensible approach is to reform the existing array of regulation so as to achieve important social objectives with fewer of the adverse side effects.